Neogen Corp. (NEOG) Misses Q3 EPS by 2c
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Neogen reports third quarter results
March 26, 2019 8:45 AM EDTLANSING, Mich., March 26, 2019 /PRNewswire/ --Â Neogen Corporation (NASDAQ: NEOG) announced today that its revenues for the third quarter of its 2019 fiscal year, which ended Feb. 28, were $97,700,000, up 3% from the previous year's third quarter revenues of $94,903,000. Current year-to-date revenues were $304,424,000, up 5% compared to $289,811,000 for the same period a year ago.
Third quarter net income was $13,073,000, compared to the prior year's $16,586,000. Earnings per share in the current quarter were $0.25, compared to $0.32 a year ago. Last year's third quarter included favorable tax adjustments totaling $2.9 million resulting from corporate tax reform enacted in December 2017. Current year-to-date... More
