24/7 Market News Snapshot 09 October, 2025 – Neogen Corp (NASDAQ:NEOG)
DENVER, Colo., 09 October, 2025 (www.247marketnews.com) – (NASDAQ:NEOG) are discussed in this article.
Neogen Corporation has recently experienced a significant uptick in stock performance, with shares opening at $6.60 and rising to $7.035, reflecting a remarkable increase of 20.88%. This surge follows the previous day’s closing price of $5.82, signaling strong investor enthusiasm in the company’s offerings related to food safety and animal health. With a noteworthy trading volume of 3.97 million shares, Neogen has captured the attention of market analysts who are closely monitoring this upward trend for its long-term implications.
In conjunction with the stock performance, Neogen has released its financial results for the first quarter ending August 31, 2025, showcasing resilience amid ongoing industry challenges. CEO Mike Nassif expressed optimism regarding the company’s positioning within the food and animal safety sectors, reaffirming Neogen’s commitment to innovation and operational excellence as key drivers for future growth. The company reported revenues of $209.2 million, a slight decrease of 3.6% year-over-year, although core revenue demonstrated a modest increase of 0.3% when excluding the effects of foreign currency fluctuations and recent divestitures.
Neogen achieved a net income of $36.3 million, or $0.17 per diluted share, marking a significant recovery from a net loss in the prior year. Additionally, the company posted an Adjusted EBITDA of $35.5 million with a margin of 17.0%, despite facing challenges such as integration costs and heightened operational expenses.
Segment revenues were mixed, with the Food Safety segment generating $152.1 million, while the Animal Safety segment accounted for $57.1 million. As Neogen embarks on strategic initiatives aimed at enhancing shareholder value, it reaffirms its fiscal outlook for 2026, anticipating revenues between $820 million and $840 million, along with Adjusted EBITDA expectations of $165 million to $175 million. Neogen remains committed to advancing food safety and animal care through scientific innovation, reinforcing its leadership within the global market.