Neogen Corp Stock Price, News & Analysis

Neogen Corporation (NASDAQ: NEOG) has announced a strategic partnership with Biomatter to develop new enzyme-based products for food safety applications. The collaboration combines Neogen's expertise in food testing and risk mitigation with Biomatter's proprietary Intelligent Architecture™ platform, which uses AI and physical modeling for enzyme design.

The partnership aims to create innovative enzyme-based solutions that will enhance detection capabilities and improve efficiency in food safety testing. This initiative represents a significant step forward in advancing food security and protecting the global food supply chain.

Neogen Corporation (NASDAQ: NEOG) reported challenging fourth-quarter 2025 results, with revenue declining 4.8% to $225.5 million. The company recorded a significant net loss of $612.2 million, primarily due to non-cash goodwill impairment related to the 3M Food Safety Division acquisition. Adjusted Net Income was $11.3 million ($0.05 per share), while Adjusted EBITDA reached $40.6 million.

The Food Safety segment revenue decreased 3.0% to $161.8 million, while Animal Safety segment revenue fell 8.9% to $63.6 million. Gross margin declined to 41.2% from 47.9% year-over-year. For fiscal 2026, Neogen projects revenue between $820-840 million and Adjusted EBITDA of $165-175 million.

Neogen Corporation (NASDAQ: NEOG) has launched Molecular Detection Assay - Listeria Right Now™, a rapid testing solution for detecting Listeria species in environmental samples. The innovative test delivers results in approximately two hours, significantly faster than traditional methods that require 24-48 hours.

The new solution features a streamlined testing process with no enrichment required, user-friendly sampling devices for various surface types, and color-coded reagent pellets for improved workflow efficiency. The system can test up to 96 samples per run and supports simultaneous testing across multiple qualitative assays.

Neogen is showcasing the product at IAFP 2025 in Cleveland, Ohio, where food safety professionals can experience live demonstrations at Booth #511.

Neogen Corporation (NASDAQ: NEOG), a global leader in food safety solutions, has appointed Mike Nassif as its new CEO and President, effective August 11, 2025. Nassif, who will also join Neogen's Board of Directors, succeeds John Adent after his eight-year tenure.

Nassif joins from Siemens Healthineers, where he served as Global President of Point-of-Care Diagnostics, demonstrating success in driving business growth. His appointment aligns with Neogen's focus on achieving growth, profitability, and operational targets through its portfolio of food and animal safety solutions.

Neogen Corporation (NASDAQ: NEOG) has successfully completed the sale of its global cleaners and disinfectants business to Kersia Group for $130 million in cash, with additional contingent consideration based on future business performance.

The strategic divestiture aims to streamline Neogen's operations and strengthen its focus on core business activities. The company plans to utilize the net proceeds to repay $100 million of debt in the current quarter, which is expected to reduce its net leverage by approximately 0.4x on a pro forma basis.

Neogen Corporation (NASDAQ: NEOG) has scheduled its fourth-quarter earnings release for Tuesday, July 29, 2025, before market open. The company will host a conference call and webcast at 8:00 a.m. Eastern time to discuss the financial results.

Investors can access the conference call through toll-free numbers for North America (1-800-549-8228) and international callers (+1 646-564-2877) using Conference ID 65461. A replay will be available via phone and on Neogen's Investor Relations website after the call.

Neogen Corporation (NEOG) has released the Second Edition of its Environmental Monitoring Handbook in collaboration with Cornell University's College of Agriculture and Life Sciences. The updated guide, launched on World Food Safety Day, provides enhanced frameworks for food and beverage manufacturers to strengthen their food safety programs. The new edition includes three additional chapters focusing on validating non-process controls, root cause analysis for contamination events, and data management in monitoring programs. Developed with input from over 20 global experts, the handbook aims to help manufacturers reduce contamination risks through environmental monitoring - a critical process of sampling and testing facility environments and equipment. The guide offers practical strategies for validating sanitation practices and implementing proactive risk mitigation measures to ensure product integrity and regulatory compliance.

Neogen Corporation (NASDAQ: NEOG), a leader in food safety solutions, has announced its participation in the upcoming 45th Annual William Blair Growth Stock Conference in Chicago. David Naemura, who serves as both Chief Financial Officer and Chief Operating Officer, will deliver a presentation on June 4, 2025, at 8:40 a.m. Central Time. Interested parties can access the webcast through the Events & Presentations section of Neogen's investor relations website.

Neogen Corporation (NASDAQ: NEOG) announced a significant board transition, with James P. Tobin retiring from the Board of Directors effective May 31, 2025, after serving since 2016. Tobin currently chairs the Governance and Sustainability Committee and serves on the Audit Committee. James C. Borel, Board Chair, will temporarily lead the Governance Committee until a successor is named.

The company appointed Andrea Wainer as Tobin's replacement, effective June 1, 2025. Wainer brings over 25 years of diagnostics and healthcare industry experience, most recently serving as Executive Vice President of Rapid and Molecular Diagnostics at Abbott Laboratories. She also serves on Analog Devices' (NASDAQ: ADI) board as a member of the Nominations and Governance Committee.