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DewDiligence

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DewDiligence

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Re: DewDiligence post# 9

Thursday, 03/24/2022 9:25:07 AM

Thursday, March 24, 2022 9:25:07 AM

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NEOG FY3Q22 financials:

https://www.prnewswire.com/news-releases/neogen-announces-third-quarter-results-301509892.html

Net income for the third quarter was $5,443,000, or $0.05 per share, adversely impacted by $10.6 million of professional fees incurred in connection with Neogen's plan to combine 3M's Food Safety business with the company's existing operations, which was announced on December 14, 2021. Excluding the 3M deal-related costs, net income for the quarter would have been $13,600,000, or $0.13 per share, compared to $13,377,000, or $0.12 per share, in the previous year's third quarter.

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