CHASKA, Minn. (AP) — CHASKA, Minn. (AP) — Lifecore Biomedical, Inc. (LFCR) on Friday reported a loss of $16.2 million in its fiscal first quarter.

The Chaska, Minnesota-based company said it had a loss of 53 cents per share.

The agricultural and food packaging products company posted revenue of $24.7 million in the period.

Lifecore Biomedical expects full-year revenue in the range of $126.5 million to $130 million.

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