secwatch.observer — SEC 8-K summary
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Issuer:     NEOGEN CORP (NEOG)
CIK:        0000711377
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0000950170-24-087499
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Neogen Q4 revenue $236.8M down 2.1% YoY; net loss $0.02 EPS; guides FY25 rev $925-955M
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- Revenue $236.8M, down 2.1% YoY; core revenue grew 2.0% as FX headwind of 4.2% offset.
- GAAP net loss $5.4M ($0.02 diluted); adjusted net income $22.4M ($0.10) vs $30.2M ($0.14) prior year.
- Adjusted EBITDA $53.0M (22.4% margin) vs $63.1M (26.1%) prior year; gross margin fell to 47.9% from 50.9%.
- Food Safety segment revenue $166.9M (-1.4% total, +4.3% core); Animal Safety $69.9M (-3.7% total, -3.3% core).
- FY2025 guidance: revenue $925M-$955M (core mid-single-digit), Adj. EBITDA $215M-$235M, capex ~$85M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/711377/000095017024087499/0000950170-24-087499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/711377/000095017024087499/neog-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-087499

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