Reported 3 days ago
Neogen Corporation (NASDAQ: NEOG), a leader in food and animal safety diagnostics, is undergoing a significant transition amid operational issues, including a leadership change and integration challenges from past mergers. Despite reporting weaker Q3 2025 earnings and lowering its full-year guidance, the company is taking steps to divest non-core operations to reduce debt and enhance growth prospects. Notable developments include a strategic collaboration with Biomatter and Q2 CY2025 results that exceeded revenue expectations, showcasing resilience in a tough market.
Source: YAHOO