Neogen reports Q3 adjusted EPS 9c, consensus 5c

Reports Q3 revenue $211.2M, consensus $204.62M. “We continued to make significant progress on our strategic transformation in the third quarter as we look to stabilize and strengthen our core business. We are emboldened by the continued strength in core growth in our Food Safety segment. Combined with our major strategic sales initiatives such as our go-to-market strategy review, our increasing use of metric-based key performance indicators, and our transition to a standardized global solutions based selling approach, we believe we are well positioned for continued fundamental improvement across the organization,” said Mike Nassif, Neogen’s (NEOG) Chief Executive Officer and President.