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Stock impact report

Neogen reports fiscal 2019 results

Neogen Corporation (NEOG) 
Last neogen corporation earnings: 3/24 08:45 am Check Earnings Report
US:NASDAQ Investor Relations: neogen.com/en/investor-information
Company Research Source: PR Newswire
LANSING, Mich., July 23, 2019 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that revenues for the fourth quarter of its 2019 fiscal year, which ended May 31, were $109,762,000, compared to $108,120,000 the prior year quarter. Revenues for the company for the full fiscal year were $414,186,000, compared to the prior year's $397,930,000. Fourth quarter net income was $15,815,000, or $0.30 per share, compared to the prior year's $17,545,000, or $0.33 per share. Net income for the full 2019 fiscal year was $60,176,000, or $1.15 per share, compared to the prior year's $63,145,000, or $1.21 per share."During the year, we made a number of changes that position us well for the future, and we had strong performances in certain areas of the business. Our core domestic food safety diagnostic business had a solid year, increasing revenues 12% compared to the prior year, as we seized existing opportunities by increasing market share and responding to regional outbreaks, and cre Show less Read more
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