Neogen: Fiscal Q1 Earnings Snapshot
By AP News
Published - Oct 10, 2024, 07:02 AM ET
Last Updated - Oct 10, 2024, 07:02 AM EDT
LANSING, Mich. (AP) — LANSING, Mich. (AP) — Neogen Corp. (NEOG) on Thursday reported a loss of $12.6 million in its fiscal first quarter.
The Lansing, Michigan-based company said it had a loss of 6 cents per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The maker of medical testing kits posted revenue of $217 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $216.1 million.
Neogen expects full-year revenue in the range of $925 million to $955 million.
