Neogen(US:NEOG) The Daily Hodl·2026-01-08 16:40Group 1 - Neogen Corporation (NEOG) shares increased by 33.74%, reaching a price of $9.62 and a market cap of $2.09 billion [1] - The company reported earnings per share of $0.10, exceeding the forecast of $0.03, with revenue of $224.7 million reflecting a 2.9% core growth [1][2] - Neogen's food safety segment is benefiting from regulatory changes and increased concerns over food contamination, leading to greater adoption of its testing technologies [2] Group 2 - Neogen is raising its full-year outlook for fiscal year 2026 after several years of net losses, with a net quarterly loss of $15.9 million compared to a loss of $456.3 million in the same period last year [2] - Revenue is projected to be between $845 million and $855 million, with an expected Adjusted EBITDA of about $175 million [3] - CEO Mike Nassif expressed pride in the team's efforts to stabilize and strengthen the core business during the initial phase of their strategic transformation [3][4]