Neogen Corp (NEOG) Misses Q3 EPS by 3c

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Go back to Neogen Corp (NEOG) Misses Q3 EPS by 3c

Neogen reports 13% increase in net income

March 26, 2015 8:45 AM EDT

LANSING, Mich., March 26, 2015 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that its net income for the third quarter of fiscal 2015, which ended Feb. 28, increased 13% to $7,454,000, when compared to the prior year's $6,575,000. Earnings per share in the current quarter were $0.20, compared to $0.18 a year ago. Current year-to-date net income increased 17% over prior year to $24,142,000, or $0.65 per share, compared to $20,621,000, or $0.56 per share, for the same period a year ago.

Revenues for the third quarter of fiscal 2015 increased 10% to $68,409,000, from the previous year's third quarter revenues of $61,996,000. This increase was... More