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Neogen Fiscal Q1 Adjusted Earnings, Revenue Fall; Fiscal 2025 Revenue Outlook Reaffirmed
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Neogen Fiscal Q1 Adjusted Earnings, Revenue Fall; Fiscal 2025 Revenue Outlook Reaffirmed
Oct 10, 2024 10:56 PM

07:37 AM EDT, 10/10/2024 (MT Newswires) -- Neogen (NEOG) reported fiscal Q1 adjusted earnings Thursday of $0.07 per share, down from $0.11 a year earlier.

A single analyst polled by Capital IQ expected $0.09.

Total revenue for the quarter ended Aug. 31 was $217 million, down from $229 million a year earlier.

Two analysts surveyed by Capital IQ expected $216 million.

For fiscal 2025, the food and animal safety product developer said it continues to expect revenue in the range of $925 million to $955 million. Two analysts polled by Capital IQ expect $933 million.

Price: 14.92, Change: +0.07, Percent Change: +0.47

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