earnings
confidence high
sentiment positive
materiality 0.65
Neogen Q1 FY2027 revenue $222.8M, up 6.5%; adjusted EPS $0.08; FY27 revenue and EBITDA guidance raised
NEOGEN CORP
2027-Q1 EPS reported
-$0.05
revenue$222,800,000
- Revenue of $222.8 million, up 6.5% YoY, with core growth of 8.1%; Food Safety revenue rose 7.4% (core growth 8.1%) and Animal Safety rose 4.2% (core growth 8.0%).
- Net loss of $11.9 million, or $(0.05) per share; adjusted net income was $17.5 million and adjusted EPS was $0.08.
- Adjusted EBITDA of $41.6 million at an 18.7% margin; cash flow from operations $12.9 million and free cash flow $4.7 million.
- Neogen is on track to manufacture saleable Petrifilm product and begin its planned multi-quarter manufacturing transition in November 2026, with the first single kit unit (SKU) fully validated.
- Company is raising fiscal year 2027 financial guidance for both revenue and Adjusted EBITDA.