secwatch.observer — SEC 8-K summary
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Issuer:     NEOGEN CORP (NEOG)
CIK:        0000711377
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0000950170-23-010746
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Neogen Q3 revenue $218.3M (+70% YoY); adjusted EPS $0.12 vs $0.15 prior year
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- Revenue $218.3M (+70% YoY); core growth 4%, acquisition 68.1%, FX -1.9%.
- Net income $8.2M ($0.04 diluted); Adjusted Net Income $26.5M ($0.12) vs $16.2M ($0.15) prior year.
- Adjusted EBITDA $51.3M (23.5% margin) vs $24.9M (19.4%) prior year.
- Food Safety segment revenue $151.5M (+141.5%); Animal Safety $66.7M (+1.9%).
- Production backlog at 3M Food Safety transition partner; debt $900M, cash $183.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711377/000095017023010746/0000950170-23-010746-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711377/000095017023010746/neog-20230330.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-010746

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer