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 acquires Brazil-based Rogama

Neogen Corporation (NASDAQ: NEOG) announced today that it has acquired Brazil-based Rogama Indústria e Comércio Ltda., a private company that develops and manufactures rodenticides and insecticides.

Rogama was founded in 1979, and offers more than 70 registered pest control products to Brazil’s agronomic, professional, and retail markets. The company is also a major supplier to […]

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 acquires U.K.-based Quat-Chem

Neogen Corporation (NASDAQ: NEOG) announced today that it has acquired United Kingdom-based Quat-Chem Ltd.— a chemical company specializing in the development, manufacture and sale of agricultural, industrial, and food processing biocidal hygiene products, including cleaners and disinfectants.

Quat-Chem Ltd. is a 20-year-old private company with a history of consistent growth that manufactures a full line […]

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’s AccuPoint® Advanced receives AOAC approval

Neogen Corporation (NASDAQ: NEOG) announced today that it has received approval from the AOAC Research Institute for its rapid and accurate AccuPoint® Advanced ATP Sanitation Monitoring System.

Neogen’s AccuPoint Advanced is the first sanitation monitoring system to receive an AOAC approval, and this approval follows a recent study by NSF International that showed AccuPoint Advanced […]

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 […]