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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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504 일 전
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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748 일 전
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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1126 일 전
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the New York session on Monday.
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1 분 전
Swiss Market Ends Modestly Lower
The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
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4 시간 44 분 전
European Stocks Close Mostly Higher On Easing Trade Tensions
European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
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5 시간 0 분 전
German Business Confidence Improves On Stronger Expectations: Ifo
Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.
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7 시간 17 분 전
Dollar Rebounds As US-China Trade Tensions Ease
The U.S. dollar ended up higher against major currencies during the week ended October 24 amidst an easing in trade tensions between the U.S. and China.
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8 시간 43 분 전
