Navigation Links
Neogen Reports 30% Increase in Net Income
Date:7/26/2011

LANSING, Mich., July 26, 2011 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that net income for its 2011 fiscal year, which ended May 31, increased 30% from the previous year to $22,839,000. Net income in the fiscal year increased to $0.96 per share, compared to the prior year's $0.76 per share.

Neogen's revenues for its FY 2011 increased 23% to $172,683,000, up from $140,509,000 in the company's previous fiscal year. Both revenues and net income for the 2011 fiscal year established new all-time highs for the 29-year-old company. Neogen's fourth quarter revenues increased 12% on a year-to-year comparison to $43,594,000. Net income in the fourth quarter increased 29% to $5,962,000 from $4,635,000 in FY 2010, or to $0.25 per share compared to $0.20 per share in FY 2010.

"The results we are reporting today clearly indicate Neogen is capturing a piece of the growing global demand for food and animal safety products," said James Herbert, Neogen's chief executive officer and chairman. "Neogen is uniquely positioned to continue to seize food and animal safety opportunities wherever in the world they may exist — from farms, ranches and aquaculture operations, through food processing and food service."

For the first time, Neogen's percentage of sales from international markets exceeded 42% of total revenues. Neogen's FY 2011 operating income increased 33% compared to the prior year to $35,835,000, or to 20.8% of revenues, compared with $26,879,000, or 19.1% of revenues in FY 2010.

"Our 2011 fiscal year marked the first time we have been able to record an operating margin in excess of 20% for a full year — a long-standing benchmark goal of ours," said Lon Bohannon, Neogen's president and chief operating officer. "The achievement is a strong indication that as revenues increase, our ongoing cost-saving measures are also contributing
'/>"/>

SOURCE Neogen Corporation
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology technology :

1. Neogen Corporation Announces Year-End Results Conference Call
2. Neogen Acquires VeroMara from GlycoMar Ltd.
3. William T. Boehm Joins Neogens Board of Directors
4. Neogen Reports 27% Increase in Quarterly Net Income
5. Neogens Rapid Test for Salmonella enteritidis Receives FDA Approval
6. Neogen Names Quinlan as CFO
7. Neogen Reports 33% Increase in Net Income
8. Neogen Corporation Announces 2nd Quarter Results Conference Call
9. Neogens Rapid Test for Salmonella enteritidis Receives AOAC Approval
10. NeoGenomics Schedules its Q2 2010 Earnings Release for July 29, 2010
11. NeoGenomics to Present at Noble Financials 6th Annual Equity Conference on Monday, June 7th
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/2/2015)... Axovant Sciences Ltd. (NYSE:  AXON), a leading clinical-stage ... upcoming presentations at three investor conferences: , Wednesday, ... Conference in New York at the ... 2:00 PM at the BioCentury NewsMakers Conference in ... Conference Center , Thursday, September 17 at 9:30 AM ...
(Date:9/2/2015)... -- Research and Markets ( ... PharmaBiotech,s new report "DNA Sequencing - Technologies, ... This report briefly reviews basics of human ... applications. Current large and small sequencers are described ... of sequencing are described including those for genetics, ...
(Date:9/2/2015)... 2015 Research and ... of Jain PharmaBiotech,s new report "Biomarkers - ... This report follows the broad definition ... be objectively measured and evaluated as an indicator ... as pharmacological responses to a therapeutic intervention. Tests ...
(Date:9/2/2015)... CHARLOTTESVILLE, Virginia , September 2, 2015 ... sponsoring of the winners of the 2015 BeHEARD science ... Institute that offers rare disease researchers, access to the ... will use its drug repositioning and pathway analytics capability ... at Wylder Nation Foundation in the study of Niemann-Pick ...
Breaking Biology Technology:Axovant Sciences To Present At Upcoming Investor Conferences 2Axovant Sciences To Present At Upcoming Investor Conferences 3Global DNA Sequencing Technologies Report 2015: Profiles of 130 Companies Involved in Sequencing and their 140 Collaborations 2Updated 2015 Biomarkers Report - Latest Technologies, Markets and Companies Insights to 2024 with over 1,000 References 2Updated 2015 Biomarkers Report - Latest Technologies, Markets and Companies Insights to 2024 with over 1,000 References 3Biovista Sponsors Wylder Nation Foundation's Research on Acid Sphingomyelinase Deficiency 2
... June 17 Schering-Plough,Corporation (NYSE: SGP ) is ... 2008 second quarter on Monday, July 21, 2008., ... conduct a conference,call to review results for the 2008 ... members of management will,host the conference call., To ...
... 17 Mergent, Inc., administrator for the,HealthShares(TM) Indexes, ... Exchange Traded Funds, today announced the quarterly,rebalancing of ... and,deleted in the Indexes effective before the opening ... HealthShares(TM) Autoimmune-Inflammation Index (HHA), Drop, ...
... NEW HAVEN, Conn., June 17 BioXcel ... ASDO Consulting Group,(ASDO), a leading consulting company ... global business analytics company, will combine forces ... of,services. These include business analytics to support,licensing/due-diligence, ...
Cached Biology Technology:Schering-Plough Schedules Conference Call and Webcast for 2008 Second Quarter Earnings 2Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 2Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 3Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 4Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 5Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 6Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 7Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 8Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 9Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 10Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 11Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 12Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 13Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 14Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 15Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 16Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 17Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 18Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 19Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 20Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 21Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 22Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 23Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 24Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 25Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 26Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 27Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 28Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 29Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 30Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 31Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 32Mergent, Inc. Announces Quarterly Rebalancing of HealthShares(TM) Indexes 33BioXcel Expands Its Capability in Business Analytics Support Services 2
(Date:9/2/2015)... 2, 2015 Security of data and ... banks, government organizations, telecommunications, hospitals, as well as ... previously being used to prevent unauthorised access. Technological ... wherein individuals could gain access to secure premises ... as hardware devices and numeric codes. However, hackers ...
(Date:8/31/2015)... 31, 2015 Growing need for ... government digitization projects to drive India ... TechSci Research report, " India Biometrics Market Forecast & Opportunities, ... is projected to grow at a CAGR of over 35% ... on account of extensive use of biometric technology in the ...
(Date:8/26/2015)... 26, 2015 The report "Multi-Factor Authentication ... Factor), Application (Travel & Immigration, Government, Banking, Defense, Commercial ... to 2020", published by MarketsandMarkets, Multi-Factor Authentication Market is ... at a CAGR of 17.7% between 2015 and 2020. ... igures spread through 169 P ...
Breaking Biology News(10 mins):Global Biometrics Spending Market in the Government Sector 2015-2019 2Global Biometrics Spending Market in the Government Sector 2015-2019 3India Biometrics Market to Grow at Over 35% Through 2020, Says TechSci Research 2India Biometrics Market to Grow at Over 35% Through 2020, Says TechSci Research 3Multi-Factor Authentication Market Worth 9.60 Billion USD by 2020 2Multi-Factor Authentication Market Worth 9.60 Billion USD by 2020 3Multi-Factor Authentication Market Worth 9.60 Billion USD by 2020 4Multi-Factor Authentication Market Worth 9.60 Billion USD by 2020 5
... A new study is providing scientists with a better ... patients fail to respond to treatment even when existing ... The research, published in the April issue of Cancer ... to combat drug resistance and treatment failure for children ...
... Using the human genome sequence annotation, high-throughput cloning ... Institute of Proteomics lead by Leonardo Brizuela (Harvard ... pharmacology) mined public databases to collect the sequence ... have built a gene repository for this gene ...
... time, breast cancers from Nigeria, Senegal and North America ... likely to be diagnosed with a more virulent form ... Researchers from the University of Chicago, working with colleagues ... University of North Carolina, found that breast cancers in ...
Cached Biology News:Multiple-drug resistant gene expression pattern predicts treatment outcome for pediatric leukemia 2Study reveals dramatic difference between breast cancers in US and Africa 2Study reveals dramatic difference between breast cancers in US and Africa 3Study reveals dramatic difference between breast cancers in US and Africa 4
...
...
Caliper offers a wide array of standard LabChip products designed to be used in combination with our AMS 90 and LabChip 3000 microfluidic platforms....
Experion StdSens chips are the microfluidic chips used to perform standard-sensitivity RNA analysis (nanogram levels) with the Experion automated electrophoresis system. Each chip has the capacity to...
Biology Products: