LANSING, Mich. (AP) — LANSING, Mich. (AP) — Neogen Corp. (NEOG) on Tuesday reported a loss of $612.2 million in its fiscal fourth quarter.
The Lansing, Michigan-based company said it had a loss of $2.82 per share. Earnings, adjusted for one-time gains and costs, were 5 cents per share.
The maker of medical testing kits posted revenue of $225.5 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $221.3 million.
For the year, the company reported a loss of $1.09 billion, or $5.03 per share. Revenue was reported as $894.7 million.
Neogen expects full-year revenue in the range of $820 million to $840 million.
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