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Neogen Reports Second Quarter Results
Date:12/22/2011

also plans to debut the next generation of molecular diagnostics for foodborne pathogens. The innovative testing platform, to be marketed under the trade name ANSR, offers many advantages over existing rapid testing methodologies, including polymerase chain reaction (PCR), by utilizing a unique isothermal reaction test system that is fast, simple and inexpensive. The single-temperature reaction requires only 10 minutes after incubation to deliver DNA-RNA definitive results.

Neogen Corporation develops and markets products dedicated to food and animal safety. The company's Food Safety Division markets dehydrated culture media, and diagnostic test kits to detect foodborne bacteria, natural toxins, genetic modifications, food allergens, drug residues, plant diseases and sanitation concerns. Neogen's Animal Safety Division markets a complete line of diagnostics, veterinary instruments, veterinary pharmaceuticals, nutritional supplements, disinfectants, and rodenticides.

  NEOGEN CORPORATION UNAUDITED SUMMARIZED CONSOLIDATED OPERATING DATA
(In thousands, except for per share and percentages) 

 

 

 

  

 Quarter ended Nov. 30 Six months ended Nov. 30 

 20112010 20112010 

 

 

 

 

 

 Revenue

 

 

 

 

  

Food Safety

$22,042

$21,341

 

$45,324

$43,593 

Animal Safety

22,849

22,590

 

45,264

43,260Total revenue44,89143,931 90,58886,853Cost of sales

22,234

21,443

 

44,954

41,598Gross margin

22,657

22,488

 

45,634

45,255Other expenses

 

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SOURCE Neogen Corporation
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