Neogen Q1 2025 Earnings Report
Key Takeaways
Neogen Corporation reported a revenue of $217.0 million for the first quarter of fiscal year 2025, a 5.3% decrease compared to the prior year. The company experienced a net loss of $12.6 million, or $(0.06) per diluted share, but had an adjusted net income of $14.4 million, or $0.07 per diluted share. The company is maintaining its full-year outlook.
Revenue was $217.0 million, a decrease of 5.3% year-over-year.
Net loss was $12.6 million, or $(0.06) per diluted share.
Adjusted net income was $14.4 million, or $0.07 per diluted share.
Adjusted EBITDA was $43.7 million.
Neogen
Neogen
Neogen Revenue by Segment
Forward Guidance
The company is maintaining its full-year outlook. Revenue is expected to be in the range of $925 million to $955 million, with Adjusted EBITDA in the range of $215 million to $235 million. The Company continues to expect capital expenditures to be approximately $85 million, including approximately $55 million related specifically to the integration of the former 3M Food Safety Division.
Revenue & Expenses
Visualization of income flow from segment revenue to net income