earnings
confidence high
sentiment positive
materiality 0.65
Neogen Q2 revenue $224.7M (-2.8% YoY); core growth +2.9%; raises FY guidance
NEOGEN CORP
2026-Q2 EPS reported
$0.09
revenue$433,880,000
- Net loss of $15.9M; adjusted net income of $22.6M; adjusted EBITDA of $48.7M.
- Adjusted EBITDA margin improved 470 bps sequentially; Petrifilm transition on track.
- Company hiring new senior commercial leaders; raising FY2026 revenue and adjusted EBITDA guidance.
- Core growth of 2.9% YoY offset by foreign exchange and product mix headwinds.