Neogen

Neogen Corp. engages in the development, manufacture, and sale of products dedicated to food and animal safety. It operates through the following segments: Food Safety and Animal Safety. The Food Safety segment consists of diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens, drug residues, and levels of general sanitation. The Animal Safety segment includes a line of consumable products marketed to veterinarians and animal health product distributors. The company was founded on June 30, 1981 and is headquartered in Lansing, MI.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q2 2024

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Earnings data Q1 2025

Earnings data Q2 2025

Neogen reports robust Q2 earnings, targets $1B revenue by 2025

Neogen's Q2 2023 earnings call highlighted impressive revenue growth, improved margins, and strategic focus on integration and customer service.
While facing challenges related to increased debt levels and operational complexities, Neogen aims for ambitious revenue and EBITDA targets by 2025.
The company's performance underscores its potential for continued success in the Food Safety and Animal Safety segments through organic growth and financial discipline.

Neogen reports robust Q3 earnings, focuses on data analytics growth

Neogen's Q3 performance reflects strong revenue growth and strategic focus on data analytics for food security. While challenges exist in certain business segments, the company remains optimistic about long-term opportunities and integration synergies.

Neogen reports stellar Q4 results, eyes growth through integration

Neogen's Q4 2023 earnings call highlighted robust financial performance, successful integration of acquired divisions, and strategic outlook for fiscal '24. The company's focus on growth, innovation, and market expansion positions it well for continued success in the food safety and animal health sectors.

Neogen reports robust Q1 earnings, eyes growth amid regional challenges

Neogen's Q1 2024 showed strong revenue growth but faced challenges in core revenue.
The company highlighted progress in key segments like Food Safety and genomics.
Efficiency issues from ERP implementation impacted revenue timing.
Management remains optimistic about the full-year outlook despite regional challenges.

Neogen reports flat Q2 revenues, focuses on integration and market challenges

Neogen's Q2 performance was mixed, with strengths in certain segments and challenges in others. The company remains optimistic about its long-term prospects despite market headwinds.

Neogen reports improved margins in Q3 despite integration challenges

Neogen's Q3 2024 performance showed improvements in gross margin and EBITDA, but challenges with shipping inefficiencies and integration impacted revenue growth. The company is focused on resolving operational inefficiencies and regaining lost customers to achieve long-term growth goals.

Neogen reports Q4 revenue growth but faces EBITDA margin decline

Neogen's Q4 showed mixed performance with revenue growth but declining EBITDA margins.
The company faces challenges in the soft food safety end market and supply constraints.
However, Neogen is focusing on innovation and underpenetrated markets for future growth.

Neogen reports Q1 revenue decline, focuses on food safety growth

Neogen's Q1 performance showed mixed results with revenue decline and EBITDA pressure.
The company's strengths lie in its strategic positioning in food safety and customer-focused approach.
Challenges persist in certain segments, requiring operational adjustments for sustained growth.
Identified opportunities in geographic expansion and strategic investments can drive future success.

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Neogen Corp. engages in the provision of development, manufacture, and marketing of food and animal safety products. It operates through the Food Safety and Animal Safety segments. The Food Safety segment consists of diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens, drug residues, and levels of general sanitation. The Animal Safety segment includes a line of consumable products marketed to veterinarians and animal health product distributors. The company was founded on June 30, 1981 and is headquartered in Lansing, MI.

Unique combination of active ingredients provides beef producers a triple-action option for insect control LEXINGTON, Ky. , April 11, 2022 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that it has added a new product to the trusted Prozap® insect control line.

NEOGEN Launches Prozap® Protectus Pour-On Insecticide - IGR

Prestigious accreditation demonstrates company's commitment to quality, competency, and reliability LINCOLN, Neb. , April 5, 2022 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that its Genetic Veterinary Sciences, Inc. (GVS) facility has received ISO/IEC 17025:2017 accreditation from the American Association for Laboratory Accreditation (A2LA) — the highest recognized quality standard in the world for testing and calibration laboratories.

NEOGEN's Genetic Veterinary Sciences, Inc. Facility Earns ISO 17025 Accreditation

Robust segmental performance and contributions from the Soleris product line drive the top line for Neogen (NEOG) in third-quarter of fiscal 2022 results.

Neogen's (NEOG) Q3 Earnings Miss Estimates, Margins Down

Neogen Corporation. (NEOG) CEO John Adent on Q3 2021 Results - Earnings Call Transcript

Neogen Corporation (NASDAQ: NEOG) shares are trading lower by 9.6% at $30.51 after the company reported worse-than-expected third-quarter EPS and sales results. Neogen reported quarterly earnings of 13 cents per share which missed the analyst consensus estimate of 15 cents.

Here's Why Neogen Shares Are Falling

Neogen Corporation's (NASDAQ: NEOG) Q3 FY22 sales increased 9.9% Y/Y to $128.2 million, missing the consensus of $129.99 million. Food Safety segment revenue reached $62.7 million, +7% (+4% on an organic basis).

Neogen's Q3 Earnings Miss Street Expectations On Higher Raw Material, Freight Expenses

Neogen (NEOG) delivered earnings and revenue surprises of -13.33% and 1.35%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

Neogen (NEOG) Misses Q3 Earnings and Revenue Estimates

Solid year-over-year revenue growth showcases continued strength of products and markets Closing of announced agreement to merge with 3M's Food Safety business on track and company has made strong progress with integration plans LANSING, Mich. , March 24, 2022 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today the results of the third quarter of its 2022 fiscal year, which ended February 28.

Neogen Announces Third Quarter Results

Investors are optimistic about Neogen's (NEOG) progress at the Food Safety and Animal Safety segments.

Here's Why You Should Hold Onto Neogen (NEOG) Stock for Now

LEXINGTON, Ky., March 1, 2022 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that it has added a ready-to-use formulation of their Synergize® disinfectant to their biosecurity portfolio.

NEOGEN Adds Synergize® Ready-to-Use Disinfectant to Biosecurity Portfolio

LEXINGTON, Ky., Feb. 1, 2022 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that it has added a new chemiluminescent substrate as part of the trusted K-Blue® product line.

NEOGEN Launches K-Blue® Luminescent Substrate

3M Co. ( MMM , Financial) announced on Dec. 14 it reached a definitive agreement to combine its food safety business with Neogen Corp. ( NEOG , Financial) to expand the product portfolio and create long-term growth opportunities in the food safety sector.

3M Inks a New Deal to Unlock Value

Neogen (NEOG) reported earnings 30 days ago. What's next for the stock?

Neogen (NEOG) Down 19% Since Last Earnings Report: Can It Rebound?

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Robust segmental performance and contributions from StandGuard & Soleris product lines drove the top line for Neogen (NEOG) in the second quarter of fiscal 2022.

Neogen (NEOG) Q2 Earnings Lag Estimates, Revenues Surpass

Neogen (NEOG) delivered earnings and revenue surprises of -41.18% and 1.10%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Neogen (NEOG) Q2 Earnings Miss Estimates

Neogen Corporation (NEOG) CEO John Adent on Q2 2022 Results - Earnings Call Transcript

LANSING, Mich., Dec. 21, 2021 /PRNewswire/ --  Neogen Corporation (NASDAQ: NEOG) announced today the results of the second quarter of its 2022 fiscal year, which ended November 30.

Neogen Announces Second Quarter Results

The deal with Neogen needs to be put into context of the industrial giant's restructuring plans.

What 3M's Latest Deal Means to Investors

Investors are optimistic about NEOGEN (NEOG) given robust sales growth in the Food Safety business and impressive international performance.

Here's Why You Should Hold on to NEOGEN (NEOG) Stock for Now

Neogen Corporation (NASDAQ:NEOG) is an international food safety company that provides test kits and relevant products to detect dangerous substances in food worldwide.

Neogen Just Posted Two Major Acquisitions Weeks Ahead of Earnings

According to NEOGEN (NEOG), apart from the United States and Europe, substantial interest among developing nations to improve food safety presents significant growth potential for the combined company.

NEOGEN (NEOG) Gains on 3M's Food Safety Arm Merger Deal

Combining with 3M's food-safety unit "doubles the size of our business," Neogen CEO John Adent told CNBC's Jim Cramer in an interview on "Mad Money."

Neogen CEO touts deal with 3M's food-safety unit, says it improves blockchain innovation

3M's (MMM) food safety business combined with NEOGEN will create a global leader in the food security market, with expanded offerings, market presence and innovation capabilities.

3M (MMM) to Divest Food Safety to NEOGEN in Tax-Friendly Deal

Neogen (NEOG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

News for Neogen Stock (NEOG)