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NEOG inks a new strategic licensing and supply agreement with Syngenta to market and sell the latter's Talon-G and Talon Weatherblok XT rodenticides in the United States and Canada.
Neogen Announces Board Transition with Appointment of Andrea Wainer and Retirement of James P. Tobin
LANSING, Mich.--(BUSINESS WIRE)--Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that James P. Tobin has chosen to retire from the Company's Board of Directors, effective May 31, 2025. Mr. Tobin has served on Neogen's Board since 2016 and currently chairs the Governance and Sustainability Committee and serves on the Audit Committee. James C. Borel, Chair of the Neogen Board of Directors, will serve as the interim Chair of the Governance and Sus.
Neogen (NEOG) reported earnings 30 days ago. What's next for the stock?
Neogen's merger with 3M Food Safety led to significant debt and operational struggles, causing shares to plummet and the CEO to be ousted. Following disappointing sales and earnings, the company is exploring asset sales and restructuring, offering potential upside if stabilization occurs. Neogen's current valuation appears modest relative to sales, presenting a speculative opportunity for investors willing to take on risk.
LANSING, Mich.--(BUSINESS WIRE)--Neogen Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today it has entered into a definitive agreement to sell its global cleaners and disinfectants business to Kersia Group (“Kersia”), a global leader in biosecurity, disinfection and hygiene solutions, for $130 million in cash at closing plus contingent consideration tied to the future performance of the business. The transaction is expected to be accretive to margins and c.
NEOG posts lower-than-expected earnings and revenues for the third quarter of fiscal 2025.
While the top- and bottom-line numbers for Neogen (NEOG) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 100 points on Wednesday.
Neogen Corporation (NASDAQ:NEOG ) Q3 2025 Earnings Conference Call April 9, 2025 8:00 AM ET Company Participants Bill Waelke - VP, IR John Adent - CEO and President David Naemura - CFO Conference Call Participants Brandon Vazquez - William Blair Subbu Nambi - Guggenheim Thomas DeBourcy - Nephron Research David Westenberg - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Neogen Corporation Third Quarter Fiscal Year 2025 Earnings Conference Call. [Operator Instructions] This call is being recorded on Wednesday, April 9, 2025.
Neogen (NEOG) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.12 per share a year ago.