Neogen Corporation (NASDAQ: NEOG) announced today that its net income for the third quarter of fiscal 2015, which ended Feb. 28, increased 13% to $7,454,000, when compared to the prior year’s $6,575,000. Earnings per share in the current quarter were $0.20, compared to $0.18 a year ago. Current year-to-date net income increased 17% over prior year to $24,142,000, or $0.65 per share, compared to $20,621,000, or $0.56 per share, for the same period a year ago.
Revenues for the third quarter of fiscal 2015 increased 10% to $68,409,000, from the previous year’s third quarter revenues of $61,996,000. This increase was aided by recent acquisitions completed by the company, and was achieved despite top line currency adjustments of approximately $1.5 million resulting from currency weakness in Neogen’s international markets. Overall organic growth for the company was 7% for the quarter. The quarterly revenue and net income results represent third quarter records for the 32-year-old company. Year to date, fiscal 2015 revenues increased 14% to $204,463,000 from fiscal 2014’s $180,143,000. [ More … ]
When it comes to food allergies, avoidance is key. However, while it may be easy to avoid foods you know you are allergic to, oftentimes allergic reactions occur when we are unaware that a potential allergen exists.
For example, a new study is demonstrating this to be true in the case of children who have common allergies to foods such as wheat, eggs, soy, milk, peanuts, tree nuts, fish and shellfish, and also have pets. This is because some of those same allergens are also common ingredients in pet food. [ More … ]
Over the course of the past 15 years, the state of Ohio has seen fatal heroin overdoses rise approximately 366%, according to a 2014 report published by the Ohio Department of Health. While this number may seem shocking, other states are recording similar, although not as drastic statistics.
Based on this extreme increase, some researchers are deeming the buckeye state a “window on the world,” and warning state governments and police forces that more action must be taken to help control the spread of heroin use and the overdose death occurrence involving the drug and other opiates like prescription pain relievers. [ More … ]