CSIMarket
 
Neogen Corporation  (NEOG)
 

A modest 3.152%, rise in revenue at the company in the financial period ending August 31 2022

company announced first quarter of 2023 operating profit of $6.062 million


Published Oct 01 2022
CSIMarket Team / CSIMarket.com


company reported declining eps on increasing revenue in the Aug 31 2022 report, where Revenue grew by 3.152 % to $132.35 million in comparison to $128.31 million on a year-over-year basis, while income per share dived by -68.75 % to $0.05 per share, income per share was $0.16 in first quarter of 2022.

In the previous quarter NEOG realized Revenue of $140.09 million and bottom line of $0.14 per share.


Net earnings of $5.209 million in the first quarter of 2023 earnings season fell by -69.5 % from $17.077 million in the corresponding period a year before. Neogen Corporation shifted it's focus on improving sales in the first quarter of 2023 earnings season, as a result net margin eased to 3.94%.
Operating earnings, fell -72.12% to $6.062 million, squeezing Neogen Corporation's operating margin to 4.58%, from 16.95% in the first quarter of 2022.

Neogen Corporation is expected to report next financial recent numbers on July 26, 2023.



Neogen's Receivables Turnover Ratio

Neogen's Free Cash Flow Margin



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com