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Food and animal safety products company reports third quarter results

Published in Immunotherapy Weekly, April 20th, 2005

Neogen Corporation (NEOG) reported third quarter net income per share of $0.14, which matched the prior year's third quarter.

The quarter, which ended Feb. 28, marks the 48th consecutive profitable quarter from operations for the company. Year-to-date, net income increased 11% to $4,471,000, or $0.53 per share from $0.48 in the prior year.

Year-to-date revenues for the first 9 months of Neogen's 2005 fiscal year were $46,748,000 - a 16% increase from $40,196,000 for the prior year's comparable period. Third quarter revenues were $14,403,000 compared to $14,717,000 in FY 2004.

"While I am proud to report that we remain solidly...

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