Lifecore Biomedical Provides Update For Development Portfolio And Timing Of Delayed Filings; Anticipates Reporting Its FY24 Q1 Results In Late October Or Early November, Pending Completion Of Its Annual Audit
Portfolio Pulse from Benzinga Newsdesk
Lifecore Biomedical has provided an update on its delayed filings, anticipating to report its FY24 Q1 results in late October or early November, pending completion of its annual audit. The company has added two additional projects to its commercial development portfolio, increasing its development opportunity pipeline by 14 to 58. Lifecore is also working on completing its Annual Report on Form 10-K for the fiscal year ended May 28, 2023, which has been delayed due to accounting for certain recent non-routine corporate transactions.
October 10, 2023 | 8:21 pm
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Lifecore Biomedical's delayed filings and the anticipation of its FY24 Q1 results could potentially impact the company's stock. The increase in its development pipeline could be seen as a positive sign for future growth.
The delay in Lifecore's filings and the anticipation of its FY24 Q1 results could create uncertainty among investors, potentially impacting the company's stock. However, the increase in its development pipeline could be seen as a positive sign for future growth, potentially offsetting any negative impact from the delayed filings.
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