NEOGEN CORP

For the period ended May 31, 2024. Filed Jul 30, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Jul 30, 2024

NEOG$12.08+2.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations

(in thousands, except shares)

	Year Ended May 31,
	2024	2023	2022
Revenues
Product revenues	$821,821	$715,076	$424,664
Service revenues	102,401	107,371	102,495
Total Revenues	924,222	822,447	527,159
Cost of Revenues
Cost of product revenues	401,079	354,707	228,017
Cost of service revenues	59,243	61,785	56,129
Cost of Revenues	460,322	416,492	284,146
Gross Profit	463,900	405,955	243,013
Operating Expenses
Sales and marketing	182,872	141,222	84,604
General and administrative	199,889	201,179	82,742
Research and development	22,476	26,039	17,049
Total Operating Expenses	405,237	368,440	184,395
Operating Income	58,663	37,515	58,618
Other (Expense) Income
Interest income	6,362	3,166	1,339
Interest expense	(73,394)	(55,961)	(72)
Other, net	(5,936)	(6,762)	322
Total Other (Expense) Income	(72,968)	(59,557)	1,589
(Loss) Income Before Taxes	(14,305)	(22,042)	60,207
Income Tax (Benefit) Expense	(4,884)	828	11,900
Net (Loss) Income	$(9,421)	$(22,870)	$48,307
Net (Loss) Income Per Share
Basic	$(0.04)	$(0.12)	$0.45
Diluted	$(0.04)	$(0.12)	$0.45
Weighted Average Shares Outstanding
Basic	216,481,878	188,880,836	107,684,000
Diluted	216,481,878	188,880,836	108,020,000

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.