Neogen Corp. (NEOG) Reports In-Line Q1 EPS

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Neogen Announces Record Revenue in First Quarter

September 21, 2021 8:45 AM EDT

LANSING, Mich., Sept. 21, 2021 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today the results of the first quarter of its 2022 fiscal year, which ended August 31. Revenues were $128,305,000, a 17% increase compared to the previous year's first quarter revenues of $109,325,000. The company's Food Safety and Animal Safety segments each recorded double-digit increases in organic sales in the first quarter, representing the third straight quarter of double-digit organic growth at both segments.

This quarter marked the 117th of the past 123 quarters that Neogen has reported revenue increases compared to the same period in the... More