Dec 17 Diamond Foods reported a
first-quarter net loss on Monday, hurt by an accounting scandal.
The maker of Emerald nuts and Kettle chips lost $10.7
million, or 49 cents per share, in its fiscal first quarter,
ended on Oct. 31, compared to net earnings of $10.8 million, or
47 cents per share, a year earlier.
The company was recently rocked by an accounting scandal
that ultimately led to the restatement of financial results that
wiped away $56.5 million in profits from fiscal 2010 and 2011.
Earlier this month, it reported slightly
better-than-expected results for the fourth quarter, ended in