Neogen's Preliminary Fiscal Q2 Adjusted Earnings Unchanged, Revenue Increases; Fiscal 2025 Sales Outlook Lowered-February 2024-www.financetom.com

Neogen's Preliminary Fiscal Q2 Adjusted Earnings Unchanged, Revenue Increases; Fiscal 2025 Sales Outlook Lowered

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Neogen's Preliminary Fiscal Q2 Adjusted Earnings Unchanged, Revenue Increases; Fiscal 2025 Sales Outlook Lowered

Jan 10, 2025 4:51 AM

07:25 AM EST, 01/10/2025 (MT Newswires) -- Neogen (NEOG) reported preliminary fiscal Q2 adjusted earnings Friday of $0.11 per share, unchanged from a year earlier.

Analysts polled by FactSet expected $0.10.

Revenue for the quarter ended Nov. 30 was $231.3 million, compared with $229.6 million a year earlier.

Analysts polled by FactSet expected $227.2 million.

The company said it now expects fiscal 2025 revenue of $905 million to $925 million, compared with its previous guidance range of $925 million to $955 million.

Analysts polled by FactSet expect $935.3 million.

Neogen shares were down more than 2% in recent Friday premarket activity.

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