Neogen stock steadies near $10 after 32% surge on raised outlook; next catalyst is Jan. 14
Neogen shares traded near $9.74 premarket Friday after surging 32% Thursday on raised fiscal 2026 revenue guidance to $845–$855 million. Quarterly revenue fell 2.8% to $224.7 million, topping estimates, while net loss reached $15.9 million. Gross margin dropped to 47.5%. CEO Mike Nassif said integration of Petrifilm and manufacturing changes are underway.
