---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-002531"
form_type: "8-K"
ticker: "NEOG"
cik: "0000711377"
company_name: "NEOGEN CORP"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:58:44.663371+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Neogen Q2 revenue up 76% to $230M; GAAP net loss $41.8M; adjusted net income $31.4M

## Summary
- Revenue $230.0M, up 76.2% YoY; core revenue growth (ex-acquisitions & FX) 6.6%.
- GAAP net loss $41.8M ($0.19 per share) due to transaction costs, interest, amortization from 3M Food Safety merger.
- Adjusted Net Income $31.4M ($0.15 per share); Adjusted EBITDA $64.1M (27.8% margin), up from $29.6M (22.7%) a year ago.
- Food Safety segment revenue $161.3M (+140.3%); Animal Safety $68.7M (+8.4%).
- Debt reduced by $100M in Q2 and post-quarter; total debt $900M as of Dec 2; cash $276.3M.

## SEC filing metadata
- accession: 0001193125-23-002531
- form_type: 8-K
- ticker: NEOG
- cik: 0000711377
- company_name: NEOGEN CORP
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/711377/000119312523002531/0001193125-23-002531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/711377/000119312523002531/d408076d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-002531
- JSON: https://secwatch.observer/filing/0001193125-23-002531.json
- Plain text: https://secwatch.observer/filing/0001193125-23-002531.txt

## Key facts
- Earnings Releases
  NEOGEN CORP reported second quarter ended November 30, 2022 results: revenue $230.0 million, net income $(41.8) million, EPS $(0.19) per share.
  - Period: second quarter ended November 30, 2022
  - Revenue: $230.0 million
  - Net income: $(41.8) million
  - EPS: $(0.19) per share
  - Result: reported results
  source text: Neogen Announces Second-Quarter 2023 Results • Revenue of $230.0 million, up 76.2% over the prior-year quarter. • Net income of $(41.8) million; $(0.19) per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/711377/000119312523002531/0001193125-23-002531-index.htm

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