Investing.com - Neogen (NASDAQ:NEOG) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Neogen announced earnings per share of $0.05 on revenue of $132.35M. Analysts polled by Investing.com anticipated EPS of $0.13 on revenue of $135.74M.
Neogen shares are down 68% from the beginning of the year, still down 70.17% from its 52 week high of $47.80 set on December 31, 2021.
Neogen follows other major Healthcare sector earnings this month
Neogen's report follows an earnings beat by Merck ADR on September 9, who reported EPS of $0.5392 on revenue of $5.69B, compared to forecasts EPS of $0.5165 on revenue of $5.57B.
Veeva Systems A had beat expectations on August 31 with second quarter EPS of $1.03 on revenue of $534.22M, compared to forecast for EPS of $1.01 on revenue of $530.71M.
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