Neogen meets Q3 profit expectations
Neogen Corp. (Nasdaq: NEOG), a maker of food and animal safety test kits, reported before Tuesday’s opening bell that its third-quarter profit increased to $2.7 million, or $0.18 per share, from $2 million, or $0.14 per share, a year earlier. The profit results met Wall Street analysts’ expectations.
Quarterly revenue rose 20% to $25.2 million from $21.2 million during the same period of 2006. Analysts anticipated $25.3 million in revenue. In midday trading, NEOG shares are down 0.89%, or $0.24, at $26.14.
About the Author
Reporter Will Atkinson is based in SmallCapInvestor.com's Washington, D.C. bureau.
Read More
(click a star)
Enter comment: