07:19 AM EDT, 04/09/2025 (MT Newswires) -- Neogen Corp ( NEOG ) reported fiscal Q3 adjusted earnings Wednesday of $0.10 per share, down from $0.12 a year earlier.

Three analysts polled by FactSet expected $0.11.

Revenue for the quarter ended Feb. 28 was $221 million, compared with $228.8 million a year earlier.

Four analysts polled by FactSet expected $224.1 million.

The company said it now expects fiscal 2025 revenue of about $895 million, compared with its previous guidance range of $905 million to $925 million. Four analysts polled by FactSet expect $909.2 million.

Neogen shares were down more than 14% in recent Wednesday premarket activity.

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