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Neogen Corp. - NEOG STOCK NEWS

Welcome to our dedicated news page for Neogen (Ticker: NEOG), a resource for investors and traders seeking the latest updates and insights on Neogen.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Neogen's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Neogen's position in the market.

News
Neogen® Forms Genomics Relationship with Performance Food Group
Rhea-AI Summary
Neogen (NASDAQ: NEOG) has formed a genomics relationship with Performance Food Group (NYSE: PFGC) to enhance food traceability through DNA testing capabilities. This partnership aims to improve efficiency and sustainability within the protein supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
Tags
none
-
News
Neogen® Farm Fluid MAX Disinfectant Launches Across Great Britain Livestock & Poultry Markets
Rhea-AI Summary
Neogen launches Neogen Farm Fluid MAX in Great Britain, a dual-action disinfectant designed for challenging farm conditions and coccidiosis control. The product inactivates up to 100% of oocysts, including various field strains of Eimeria oocysts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
none
-
News
Neogen Announces Third-Quarter 2024 Results
Rhea-AI Summary
Neogen (NEOG) reported third-quarter results with revenues of $228.8 million, a net loss of $(2.0) million, and an adjusted net income of $26.4 million. The company is facing operational inefficiencies affecting order fulfillment rates due to the integration of the former 3M Food Safety business. Despite challenges, positive trends are noted in end markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.32%
Tags
earnings
News
Neogen Announces Third-Quarter Earnings Release Date
Rhea-AI Summary
Neogen (NASDAQ: NEOG) will release its third-quarter earnings on April 9, 2024. A webcast and conference call will follow to discuss the financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.24%
Tags
earnings
-
News
Neogen® Announces James Walter as Vice President, Global Operations
Rhea-AI Summary
Neogen Corporation (NEOG) appoints James Walter as Vice President, Global Operations, bringing his extensive experience in operations and supply chain excellence from Mallinckrodt Pharmaceuticals and clean energy industry. With a background in driving improvement, integration activities, and supporting growth initiatives, Mr. Walter's appointment is expected to be a significant asset for Neogen as they integrate the former 3M Food Safety Division into their business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
none
-
News
Neogen® Releases SureKill® Gel Bait Pro Applicator
Rhea-AI Summary
Neogen Corporation (NEOG) has introduced the SureKill Gel Bait Pro Applicator, a durable and lightweight tool designed to target hard-to-reach areas while minimizing bait waste. Crafted with industrial-grade plastic and steel, the applicator features an innovative thumb-driven trigger and adjustable dial for optimal gel output, providing a convenient and efficient solution for pest management professionals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.17%
Tags
none
News
Neogen® Releases Provecta® Pro Flea & Tick Collar for Dogs**
Rhea-AI Summary
Neogen Corporation (NEOG) has launched the Provecta Pro Flea & Tick Collar for Dogs, offering long-lasting protection against fleas, ticks, and mosquitoes for six months. The collar contains two active ingredients, Deltamethrin and (S)-Methoprene, and is designed for dogs and puppies 12 weeks and older. The product is positioned as an affordable, reliable solution for pet owners, with a portion of the sales proceeds going toward raising awareness for mental health in veterinary medicine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
Neogen Announces Second-Quarter 2024 Results
Rhea-AI Summary
Neogen Corporation (NEOG) reported revenue of $229.6 million for the second quarter ended November 30, 2023, with a net loss of $3.5 million. Adjusted Net Income was $24.9 million, and Adjusted EBITDA was $55.1 million, at a margin of 24.0%. The company updated its full-year outlook, expecting revenue to be in the range of $935 million to $955 million, with Adjusted EBITDA in the range of $230 million to $240 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.37%
Tags
earnings
-
News
Neogen to Participate in the 42nd Annual J.P. Morgan Healthcare Conference
Rhea-AI Summary
Neogen Corporation (NASDAQ: NEOG) will participate in the 42nd Annual J.P. Morgan Healthcare Conference on January 11, 2024. John Adent, Neogen's President and CEO, will present at 9:00 a.m. Pacific Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.55%
Tags
conferences
News
Neogen Announces Second-Quarter Earnings Release Date
Rhea-AI Summary
Neogen Corporation (NASDAQ: NEOG) will release its second-quarter earnings before the market opens on January 9, 2024. A webcast and conference call to discuss the financial results will be hosted by company executives at 8:00 a.m. Eastern time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
Tags
earnings
Stock NEOG logo
Neogen Corp.

Nasdaq:NEOG

NEOG Rankings

#1653 Ranked by Market Cap
#1039 Ranked by Stock Gains
N/A Ranked by Dividends

NEOG Stock Data

2.68B
216.12M
0.14%
108.03%
7.72%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
US
Lansing

About NEOG

neogen corporation develops and markets products dedicated to food and animal safety. the company’s food safety division markets dehydrated culture media and diagnostic test kits to detect foodborne bacteria, natural toxins, genetic modifications, food allergens, drug residues, plant diseases and sanitation concerns. neogen’s animal safety division markets a complete line of diagnostics, veterinary instruments, veterinary pharmaceuticals, nutritional supplements, disinfectants and rodenticides.