Penford Reports Third Quarter Fiscal Year 2014 Financial Results
date:Jul 08, 2014
will increase operating income in the fourth quarter by approximately $1.0 million and, on an annualized basis, in the range of approximately $4.4 million to $4.6 million.

Consolidated Results
- Earnings per share of $0.24 are the highest quarterly result since the 2008 flood damaged operations in Cedar Rapids.
- The Company reported the highest gross margins in the last eight quarters at 12.4%.
- Cash flows from operations provided $2.9 million in cash. Total debt declined $1.2 million from la
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