Neogen Q1 profit climbs 28%, beats estimates

Neogen Corp. (NEOG) reported a 28% jump in earnings for the first quarter helped by tax benefits from employee stock option exercises. The bottom line came in above analysts’ expectations, while the top line missed consensus. Earnings for the quarter climbed 28% to $15.24 million or $0.29 per share. Revenue rose 6% to $99.63 million. … Continue reading Neogen Q1 profit climbs 28%, beats estimates