---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034944"
form_type: "8-K"
ticker: "NEOG"
cik: "0000711377"
company_name: "NEOGEN CORP"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:19:39.006111+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Neogen Q4 revenue up 72.6% to $241.8M; net income $5.6M; FY2024 guidance issued

## Summary
- Q4 revenue $241.8M (+72.6% YoY); net income $5.6M ($0.03 EPS); adjusted net income $30.2M ($0.14 EPS).
- Full-year revenue $822.4M (+56%); net loss of $22.9M; adjusted net income $105.7M ($0.56 EPS).
- Adjusted EBITDA Q4 $63.1M (26.1% margin); FY $205.4M (25.0% margin).
- Food Safety segment Q4 revenue $169.3M (+151.3%), core growth 3.9%; Animal Safety $72.5M (flat).
- FY2024 guidance: revenue $955-985M, adjusted EBITDA $235-255M, capex ~$130M (incl. $100M for 3M integration).

## SEC filing metadata
- accession: 0000950170-23-034944
- form_type: 8-K
- ticker: NEOG
- cik: 0000711377
- company_name: NEOGEN CORP
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/0000950170-23-034944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/neog-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034944
- JSON: https://secwatch.observer/filing/0000950170-23-034944.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034944.txt

## Key facts
- Earnings Releases
  NEOGEN CORP reported fiscal 2023 fourth quarter ended May 31, 2023 results: revenue $241.8 million, net income $5.6 million, EPS $0.03 per diluted share.
  - Period: fiscal 2023 fourth quarter ended May 31, 2023
  - Revenue: $241.8 million
  - Net income: $5.6 million
  - EPS: $0.03 per diluted share
  - Result: reported results
  source text: Neogen Announces Fourth-Quarter 2023 Results • Revenue of $241.8 million, an increase of 72.6% over the prior-year quarter. • Net income of $5.6 million; $0.03 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/0000950170-23-034944-index.htm
- Earnings Releases
  NEOGEN CORP reported fiscal year ended May 31, 2023 results: revenue $822.4 million, net income a loss of $22.9 million, EPS $0.12 per diluted share.
  - Period: fiscal year ended May 31, 2023
  - Revenue: $822.4 million
  - Net income: a loss of $22.9 million
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: fourth quarter marked the 124th of the past 130 quarters that Neogen reported revenue increases compared to the same quarter in the prior year. Revenues for the full year were $822.4 million, an increase of 56.0% compared to $527.2 million in the prior year. Core revenue growth was 4.0% and acquisitions contributed 54.5%, while foreign currency was a headwind of
  evidence_url: https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/0000950170-23-034944-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.