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

#160;

 

 

  

Sales & marketing

8,631

7,504

 

16,734

15,016 

Administrative

4,173

3,714

 

8,185

7,576 

Research & development

1,710

1,641

 

3,221

3,438Total other expenses

14,514

12,859

 

28,140

26,030Operating income

8,143

9,629

 

17,494

19,225Other income (expense)

(6)

(119)

 

(53)

(490)Income before tax

8,137

9,510

 

17,441

18,735Income tax

2,900

3,400

 

6,200

6,800Net income$5,237$6,110 $11,241$11,935Net income per diluted share$0.22$0.26 $0.47$0.51 

 

 

 

 

 

 Other information:

 

 

 

 

  

Shares to calculate per share

23,974

23,729

 

24,001

23,599 

Depreciation & amortization

$1,532

$1,325

 

$2,911

$2,584 

Interest income

26

28

 

48

57 

Gross margin (% of sales)

50.5%

51.2%

 

50.4%

52.1% 

Operating income (% of sales)

18.1%

21.9%

 

19.3%

22.1% 

Revenue increase vs. FY 2011

2.2%

 

 

4.3%

  

Net income decrease vs. FY 2011

-14.3%

 

 

-5.8%

  


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SOURCE Neogen Corporation
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