Neogen Corp. (NEOG) Tops Q1 EPS by 3c, Revenues Beat

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Neogen reports first quarter results

September 22, 2020 8:45 AM EDT

LANSING, Mich., Sept. 22, 2020 /PRNewswire/ -- Neogen Corporation (Nasdaq: NEOG) announced today that revenues for the first quarter of its 2021 fiscal year, which ended Aug. 31, were $109,325,000, an 8% increase compared to the previous year's first quarter revenues of $101,424,000.

Net income for the first quarter of Neogen's 2021 fiscal year was $15,860,000, or $0.30 per share, compared to $14,652,000, or $0.28 per share, in the previous year's first quarter.

"Considering the ongoing difficult global business climate, we are pleased to report increased revenues and net income as we continue to take the necessary measures to... More