Neogen Reports Record Third Quarter(Feb. 28 Nine months ended Feb. 28 ...)

Date:3/19/2009

Feb. 28 Nine months ended Feb. 28 2009 2008 2009 2008 Revenue Food Safety $14,173 $13,835 $45,101 $42,068 Animal Safety 13,667 11,345 42,730 33,231 Total revenue 27,840 25,180 87,831 75,299 Cost of sales 14,813 12,517 43,875 36,168 Gross margin 13,027 12,663 43,956 39,131 Other expenses Sales & marketing 5,422 4,947 17,053 15,081 Administrative 2,769 2,717 8,382 7,909 Research & development 1,265 1,018 3,436 2,815 Total other expenses 9,456 8,682 28,871 25,805 Operating income 3,571 3,981 15,085 13,326 Other income 602 2 1,047 472 Income before tax 4,173 3,983 16,132 13,798 Income tax 1,350 1,325 5,675 4,875 Net income $2,823 $2,658 $10,457 $8,923 Net income per diluted Share $0.19 $0.18 $0.69 $0.60 Other information: Shares to calculate per share 15,097 14,918 15,078 14,792 Depreciation & Amortization $942 $944 $2,892 $2,583 Interest expense 0 0 0 0 Gross margin (% of sales) 46.8% 50.3% 50.0% 52.0% Operating income (% of sales) 12.8% 15.8% 17.2% 17.7% Revenue increase vs. FY 2008 10.6% 16.6% Net income increase vs. FY 2008 6.2% 17.2% NEOGEN CORPORATION UNAUDITED SUMMARIZED C
'/>"/>

SOURCE Neogen Corporation Copyright©2009 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6
Related biology technology :

1. Neogen Acquires Kane Enterprises
2. Neogen Reports 25% Increase in Net Income, 13% Increase in Revenues
3. Neogen Acquires Assets of Rivard Instruments
4. Neogen Reports 34% Increase in Net Income, 23% Increase in Revenues
5. Neogen Launches Quickest Test Available for Tetracyclines in Milk
6. NeoGenomics Announces Results for the Fourth Quarter and Full Year FY 2007
7. Webcast Alert: Neogen Corporation Announces 3rd Quarter Results
8. Neogen Reports 34% Increase in Net Income, 20% Increase in Revenues
9. NeoGenomics Files Annual Report on Form 10-KSB with the SEC
10. NeoGenomics Schedules Its Q1 2008 Earnings Release for May 7, 2008
11. Neogen Forms Mexican Subsidiary