Neogen chairman to gift stock

LANSING, Mich., April 6, 2018 — Neogen Corporation (NASDAQ: NEOG) announced today that Executive Chairman James Herbert intends to make a significant gift of Neogen stock to a charitable organization that he and his wife have supported for many years.

The company advised that according to Herbert’s plan the stock gift might be as much […]

Neogen names new CEO

Neogen Corporation announced today the company has named John Adent as chief executive officer, effective immediately. James Herbert, the company’s founder and former CEO, will remain as executive chairman and work closely with Adent in the transition of responsibilities.

“I’m excited to have John accept the leadership position at our company. He has a strong […]

Neogen reports 24% increase in net income

Neogen Corporation (NASDAQ: NEOG) announced today that its net income for the third quarter of fiscal 2017, which ended Feb. 28, increased 24% to $10,287,000, when compared to the prior year’s $8,311,000. Earnings per share in the current quarter were $0.27, compared to $0.22 a year ago. Current year-to-date net income increased 17% over prior […]

Neogen announces SenesTech agreement cancellation

Neogen Corporation (NASDAQ: NEOG) announced today that it had terminated its agreement with SenesTech Incorporated (NASDAQ: SNES) related to the manufacturing and marketing of a rodenticide being developed by SenesTech. The two firms had worked together since 2014 — prior to the time when the SenesTech product was approved by the U.S. Environmental Protection Agency.

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Neogen reports 23% increase in net income

Neogen Corporation (NASDAQ: NEOG) announced today that net income for the second quarter of its 2017 fiscal year, which ended Nov. 30, increased 23% to $11,151,000, or $0.29 per fully diluted share, from $9,073,000, or $0.24 per share, in fiscal 2016. Current year-to-date net income was $21,032,000, or $0.55 per share, compared to $18,396,000, or […]

Neogen names Kephart as chief science officer

Neogen Corporation (NASDAQ: NEOG) announced today it has named Dr. Dan Kephart as its chief science officer — a new position for the company. Kephart will assume his responsibilities at Neogen effective Jan. 1.

Kephart has served as research and development director for the agribusiness unit of Thermo Fisher Scientific, as well as animal health […]

Neogen named Commercialization Partner of the Year

The University of Nebraska has announced that Neogen Corporation (NASDAQ: NEOG) has been named Commercialization Partner of the Year.

In presenting the award, NUtech Ventures, the university’s commercialization arm, cited Neogen’s 18-year partnership with the University of Nebraska’s Food Allergy Research and Resource Program (FARRP) to develop and market rapid food allergen tests that the […]

Neogen reports 12% revenue increase

Neogen Corporation (Nasdaq: NEOG) announced today that revenues for the first quarter of its 2017 fiscal year, which ended Aug. 31, were $83,645,000 — a 12% increase compared to revenues of $74,860,000 in the first quarter of last year.

First quarter net income increased 6% to $9,881,000, or $0.26 per share, from the previous year’s […]

Neogen reports record revenues and earnings

Neogen Corporation (NASDAQ: NEOG) announced today that revenues for the fourth quarter of its 2016 fiscal year, which ended May 31, were $90,079,000, an increase of 15% compared to the prior year quarter. Revenues for fiscal 2016 increased 13% to $321,275,000 from the prior year’s $283,074,000. This increase was aided by recent acquisitions completed by […]

Neogen reports 11% revenue increase

Neogen Corporation (Nasdaq: NEOG) announced today that revenues for the first quarter of its 2016 fiscal year, which ended Aug. 31, were $74,860,000 — an 11% increase compared to revenues of $67,599,000 in the first quarter of last year.

First quarter net income increased 5% to $9,323,000, or $0.25 per share, from the previous year’s […]