AP NEWS

Neogen: Fiscal 2Q Earnings Snapshot

December 23, 2019 GMT

LANSING, Mich. (AP) _ Neogen Corp. (NEOG) on Monday reported fiscal second-quarter earnings of $16.3 million.

On a per-share basis, the Lansing, Michigan-based company said it had net income of 31 cents.

The maker of medical testing kits posted revenue of $107.8 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $111.9 million.

Neogen shares have risen 17% since the beginning of the year. The stock has climbed 22% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEOG at https://www.zacks.com/ap/NEOG