Neogen Outlines FY 2027 Revenue Guidance of $885M-$890M and Adjusted EBITDA as Petrifilm Transfer Nears Start
Neogen (NASDAQ:NEOG) has provided revenue guidance for fiscal year 2027, projecting between $885 million to $890 million in revenue. The company also expects adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $181 million to $183 million during the same period. CEO Mikhael Nassif highlighted a strategic shift from stabilization efforts toward scaling fundamentals for consistent execution and profitable growth. The first quarter of FY 2027 was described as showing solid core performance, aligning with Neogen's broader strategy. The company is also nearing the start of its Petrifilm transfer initiative, which could impact operational efficiency and customer outcomes in the coming months.
Tickers: $NEOG