Neogen's Fiscal Q1 Adjusted Earnings, Revenue Decline; Fiscal 2026 Revenue Outlook Raised

MT Newswires Live
Jan 08

Neogen (NEOG) reported fiscal Q2 adjusted earnings Thursday of $0.10 per share, down from $0.11 a year earlier.

Four analysts polled by FactSet expected $0.06.

Revenue for the quarter ended Nov. 30 was $224.7 million, compared with $231.3 million a year earlier.

Five analysts polled by FactSet expected $207.7 million.

The company said it now expects fiscal 2026 revenue of $845 million to $855 million, up from the previous range of $820 million to $840 million. Analysts polled by FactSet expect $823 million.

Neogen shares were up more than 21% in recent premarket activity Thursday.

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