Neogen Reports 30% Profit Jump, Revenue Up 23%
Lansing-based Neogen Corp. Tuesday announced a 30 percent increase in net income for its fiscal year ended May 31, to $22.8 million or 96 cents a share, up from $17.5 million or 76 cents a share. Revenue for the fiscal year was up 23 percent to $172.7 million from $140.5 million in the prior fiscal year.
