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Article: Neogen Surges to Record Quarter, Fiscal Year.
- Article from:
- PR Newswire
- Article date:
- July 19, 2000
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LANSING, Mich., July 19 /PRNewswire/ --
Neogen Corporation (Nasdaq: NEOG) today announced that it recorded the highest quarterly revenues in its 18-year history in its fourth quarter -- surpassing the previous high, its third quarter.
Neogen reported fourth quarter revenues of $6,473,000, a jump of 23% from the previous year's $5,251,000. The record-breaking fourth quarter followed Neogen's exceptional third quarter, when revenues hit $6,276,000 -- an 18% jump from the prior year and the first time the Company's quarterly revenues exceeded $6 million.
Including a favorable settlement in a patent infringement lawsuit, Neogen's earnings soared to ...