Neogen Slips To Loss In Q2, But Revenue Surge 76%
(RTTNews) - 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.
Excluding items, adjusted earnings were $0.15 per share, compared to $0.19 per share in the year-ago quarter.
Revenues for the quarter surged 76.2 percent to $230.03 million from $130.52 million in the same quarter last year. Excluding impacts of foreign currency translation and acquisitions, core revenues increased 6.6 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
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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 days ago
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 days ago
Neogen Q1 Net Profit Plunges, But Revenue Up 3%
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.
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862 days ago
Canadian Market Notably Higher On Widespread Buying, On Course To End Session On Firm Note
The Canadian market remains well placed in positive territory Wednesday afternoon thanks to sustained buying in scores of stocks from across various sectors, amid easing concerns about U.S. tariffs following the Trump administration holding off levies on imports from Canada and Mexico for a month.
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6h 52min ago
U.S. Dollar Extends Decline Against Australian, NZ Dollars
The U.S. dollar extended decline against the Australian and New Zealand dollars in the New York session on Wednesday.
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7h 39min ago
Swiss Market Ends On Firm Note
After struggling for direction till an hour before noon, the Switzerland market started to climb higher on Wednesday, as investors pickup stocks, reacting to earnings updates.
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8h 12min ago
European Stocks Close Mostly Higher As Investors Focus On Earnings, Economic Data
European stocks closed mostly higher on Wednesday with investors shrugging off concerns about tariffs for now and focusing on corporate earnings and regional economic data.
Investors digested the data on manufacturing and services sector activity in European countries.
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8h 26min ago
Swiss Franc Higher Against Most Majors
The Swiss franc rose against its most major counterparts in the New York session on Wednesday.
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8h 27min ago
