UPDATE: Diamond Foods Posts Upbeat Q1 Adjusted Profit
Diamond Foods (NASDAQ: DMND ) reported better-than-expected Q1 adjusted profit. On a net basis, Diamond Foods posted a quarterly loss of $10.7 million, or $0.49 per share, versus year-ago earnings of $10.8 million, or $0.47 per share. Excluding special items, the company earned $0.24 per share, versus analysts' estimates
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