Neogen Corporation reported first-quarter revenue of $209.2 million for the period ended August 31, 2025, compared to $217.0 million in the prior year, reflecting a decrease of 3.6%. Core revenue, which excludes the impacts of foreign currency translation, divestitures, and discontinued product lines, increased by 0.3%. Divestitures and discontinued product lines had a 4.4% negative impact on revenue, while foreign currency contributed a positive impact of 0.5%. The company recently implemented cost initiatives, including a reduction in headcount across the organization.
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