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Certain portions of this news release that do not relate to historical
financial information constitute forward-looking statements. These forward-
looking statements are subject to certain risks and uncertainties. Actual
future results and trends may differ materially from historical results or
those expected depending on a variety of factors listed in Management's
Discussion and Analysis of Financial Condition and Results of Operations in
the Company's most recently filed Form 10-K.
NEOGEN CORPORATION UNAUDITED SUMMARIZED CONSOLIDATED OPERATING DATA
(In thousands, except for per share and percentages)
Quarter ended Feb. 29/28 Nine months ended Feb. 29/28
2008 2007 2008 2007
Revenue
Food Safety $ 13,835 $ 11,565 $ 42,068 $ 34,749
Animal Safety 11,345 9,489 33,231 28,714
Total revenue 25,180 21,054 75,299 63,463
Cost of sales 12,517 10,104 36,168 30,484
Gross margin 12,663 10,950 39,131 32,979
Other expenses
Sales & marketing 4,947 4,612 15,081 13,517
Administrative 2,717 2,378 7,909 6,516
Research &
development 1,018 937 2,815 2,650
Total other expenses 8,682 7,927 25,805 22,683
Operating income 3,981 3,023 13,326 10,296
Other revenue 2 67 472 127
Income before tax 3,983 3,090 13,798 10,423
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