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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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508 ngày trước
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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752 ngày trước
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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1130 ngày trước
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
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2h 32phút trước
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
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3h 9phút trước
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
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4h 2phút trước
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
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4h 36phút trước
CAC 40 Modestly Lower In Cautious Trade After Inflation Data
The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
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5h 28phút trước
