Neogen : Presentation (neog q3 fy25 earnings presentation)

Published: 2025-04-09 07:10:06 ET NEOG

Fiscal Year 2025 Third-Quarter Results

April 9, 2025

Q3 FY25 Summary

Making progress while navigating uncertain macro backdrop

Priority Actions to Navigate Current Situation

Portfolio

Commercial /

Innovation

Operations

Financial

Talent

Focused on controllables as we manage through a transformational period 4

Financial Highlights

Revenue ($M)

$228.8

$221.0

Q3 FY24

Q3 FY25

Adjusted EBITDA(2) ($M)

$52.7

$48.5

23.0%

22.0%

Margin

Q3 FY24

Q3 FY25

Adjusted Net Income

($M, excl. per share)

$26.4

$20.9

$0.12

$0.10

Adjusted

(3)

Adjusted

EPS

EPS(3)

Q3 FY24

Q3 FY25

Balance Sheet & Capital Allocation

Debt Profile

Gross Debt

$900M

Less: Cash & Equivalents

$128M

61%

39%

Net Debt(1)

$772M

Fixed Floating

2/28/2025

(2) Non-GAAP financial measure; see reconciliation to Net Cash (Used in) Provided by Operating Activities at the end of this presentation.

FY25 Outlook

Summary

Taking decisive actions to alleviate current headwinds, manage through macro uncertainty, derisk remaining integration activities, reduce net leverage and continue to strategically pivot the business further towards Food Safety

Continued progress with integration, portfolio and team to build the

future-state Neogen

Thank you for joining us.

To view the earnings press release and presentation, visit:

WWW.NEOGEN.COM/INVESTOR-RELATIONS

Appendix

Disclaimer

Neogen Corporation published this content on April 09, 2025, and is solely responsible for the information contained herein. Distributed via , unedited and unaltered, on April 09, 2025 at 11:09 UTC.