Neogen Slips To Loss In Q2, But Revenue Surge 76%

RTTNews | Pred 1029 dňami
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 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.
RTTNews | Pred 507 dňami
Neogen Q1 Results Miss Estimates; Backs FY24 Outlook

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.
RTTNews | Pred 751 dňami
Neogen Q1 Net Profit Plunges, But Revenue Up 3%

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.
RTTNews | Pred 1129 dňami
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European markets may open slightly lower on Friday, although tech stocks may rise following strong earnings from e-commerce giant Amazon and iPhone maker Apple.
RTTNews | Pred 59 minútami
NZ Dollar Falls Against Majors

NZ Dollar Falls Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
RTTNews | Pred 1 h 2 min
European Economic News Preview: Eurozone Flash Inflation Data Due

European Economic News Preview: Eurozone Flash Inflation Data Due

Flash inflation from the euro area and France are the top economic news due on Friday, headlining a busy day for the European economic news. At 3.00 am ET, Destatis is scheduled to issue Germany's retail sales and import prices. Sales are forecast to grow 0.2 percent month-on-month, reversing a 0.2 percent fall in August. Economists expect import prices to drop 0.2 percent.
RTTNews | Pred 1 h 15 min
Sensex, Nifty Modestly Higher In Early Trade

Sensex, Nifty Modestly Higher In Early Trade

Indian shares were slightly higher on Friday despite mixed cues from global markets. The benchmark BSE Sensex was up 180 points, or 0.2 percent, at 84,583 in early trade, while the broader NSE Nifty index edged up by 38 points, or 0.2 percent, to 25,915.
RTTNews | Pred 2 h 12 min