Neogen Q1 Net Profit Plunges, But Revenue Up 3%
(RTTNews) - Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $5.21 million or $0.05 per share from to $17.08 million or $0.16 per share in the prior-year quarter.
Excluding items, adjusted earnings were $0.15 per share, compared to $0.16 per share in the year-ago quarter.
Revenues for the quarter increased 3 percent to $132.35 million from $128.31 million in the same quarter last year. Excluding unfavorable currency, revenues increased 6 percent. On an organic basis, sales increased 4 percent.
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Neogen Says USDA FSIS Selects Neogen MDS As Primary Method To Detect Salmonella, Listeria
Neogen Corp. (NEOG), a provider of food safety solutions, announced Monday that the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) has named the Neogen Molecular Detection System (MDS) as its primary method to be used for the detection of Salmonella and Listeria monocytogenes testing for meat, poultry and egg products.
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240 dias atrás
Neogen Q1 Results Miss Estimates; Backs FY24 Outlook
Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $1.50 million or $0.01 per share from to $5.21 million or $0.05 per share in the prior-year quarter.
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484 dias atrás
Neogen Slips To Loss In Q2, But Revenue Surge 76%
Neogen Corp. (NEOG) reported on Thursday a net loss for the second quarter of $41.84 million or $0.19 per share, compared to net income of $10.83 million or $0.10 per share in the prior-year quarter.
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762 dias atrás
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as concerns over a global trade war eased amid amicable measures from both the US and China. A notable move to the downside by treasury yields also aided the markets' upside. Asian Markets closed mixed on Wednesday.
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5h 13min atrás
Australian Market Extends Gains In Mid-market
The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up above the 8,500 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
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6h 5min atrás
Sensex, Nifty Seen Higher At Open; RBI Meeting Eyed
Indian shares are seen opening higher on Thursday amid easing trade war fears and falling oil prices on demand concerns and data showing a large build in U.S. crude and gasoline stockpiles.
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6h 15min atrás
Bargain Hunting Expected To Boost Thai Stock Market
The Thai stock market has finished lower in six straight sessions, sinking more than 60 points or 4.4 percent along the way. The Stock Exchange of Thailand now sits just above the 1,285-point plateau and it's overdue for support on Thursday.
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6h 46min atrás
Indonesia Stock Market Tipped To Rebound On Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had stumbled more than 180 points or 2.6 percent. The Jakarta Composite Index now sits just above the 7,020-point plateau and it figures to bounce higher again on Thursday.
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7h 16min atrás
