secwatch.observer — SEC 8-K summary
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Issuer:     NEOGEN CORP (NEOG)
CIK:        0000711377
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000950170-23-034944
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/0000950170-23-034944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711377/000095017023034944/neog-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-034944

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