Neogen Announces Preliminary¹ Second-Quarter 2025 Results
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Neogen reported preliminary second-quarter 2025 results with revenue of $231.3 million and a net loss of $456.3 million due to a non-cash goodwill impairment, resulting in a loss of $2.10 per diluted share.
January 10, 2025 | 12:15 pm
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Neogen's preliminary Q2 2025 results show a significant net loss of $456.3 million due to a non-cash goodwill impairment, despite revenue of $231.3 million. This results in a loss of $2.10 per diluted share.
The significant net loss and goodwill impairment are likely to negatively impact Neogen's stock price in the short term. The impairment suggests potential overvaluation of past acquisitions, which could concern investors.
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