Lifeway Foods Inc.(NASDAQ:LWAY) posted earnings of 7 cents per share in the first quarter of 2012, edging out the Zacks Consensus Estimate by a penny, but lagging the year-ago quarter earnings of 12 cents per share. The better-than-expected results were attributable to double-digit top-line growth.
Lifeway Foods primarily engages in manufacturing dairy and non-dairy health food products. The company reported gross sales of $21.6 million in the quarter, up 13.0% year over year. The upside in revenue … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards