Neogen reports Q2 adjusted EPS 10c, consensus 7c

Reports Q2 revenue $224.69M, consensus $208.38M. “I am exceptionally proud of the Neogen (NEOG) team as we have initiated the first phase of our strategic transformation with early work focused on stabilizing and strengthening our core business. While it is early in the process, and our industry is currently seeing macro headwinds, our team drove significant sequential improvement in core revenue growth and profitability in the second quarter,” said Mike Nassif, Neogen’s Chief Executive Officer and President.