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Neogen Slips To Loss In Q2, But Revenue Surge 76%
(RTTNews) - Neogen Corp. (NEOG) reported on Thursday a net loss for the second quarter of $41.84 million or $0.19 per share, compared to net income of $10.83 million or $0.10 per share in the prior-year quarter.
Excluding items, adjusted earnings were $0.15 per share, compared to $0.19 per share in the year-ago quarter.
Revenues for the quarter surged 76.2 percent to $230.03 million from $130.52 million in the same quarter last year. Excluding impacts of foreign currency translation and acquisitions, core revenues increased 6.6 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
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Neogen Says USDA FSIS Selects Neogen MDS As Primary Method To Detect Salmonella, Listeria
Neogen Corp. (NEOG), a provider of food safety solutions, announced Monday that the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) has named the Neogen Molecular Detection System (MDS) as its primary method to be used for the detection of Salmonella and Listeria monocytogenes testing for meat, poultry and egg products.
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437 dias atrás
Neogen Q1 Results Miss Estimates; Backs FY24 Outlook
Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $1.50 million or $0.01 per share from to $5.21 million or $0.05 per share in the prior-year quarter.
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681 dias atrás
Neogen Q1 Net Profit Plunges, But Revenue Up 3%
Neogen Corp. (NEOG) reported on Tuesday that net income for the first quarter plunged to $5.21 million or $0.05 per share from to $17.08 million or $0.16 per share in the prior-year quarter.
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1059 dias atrás
U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
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2h 25min atrás
TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.
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6h 1min atrás
Swiss Market Ends Weak
The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
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6h 22min atrás
European Stocks Close On Mixed Note Again
European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns.
Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
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6h 39min atrás
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
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7h 27min atrás
