Neogen Corp. (NASDAQ:NEOG) Q1 2021 Earnings Conference Call - Final Transcript

Sep 22, 2020 • 11:00 am ET


Neogen Corp. (NASDAQ:NEOG) Q1 2021 Earnings Conference Call - Final Transcript


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John Adent

coming months are going to be very successful. We're encouraged by many of our other developments in the quarter. For example, our revenues in China more than doubled for the quarter. Our management team there is experienced and is working on an improved operating structure in growing our revenues across all of our product lines.

Our Animal Safety and genomics revenues have more than doubled in China and we've had a really solid broad based gains in the food safety side. We're also encouraged by the initial performance of the companies we acquired within the past year that are now under NEOGEN management. In Australia, we added our food safety line to our animal safety and genomics offerings and it's providing very promising results.

In Italy, we're starting to see the benefits of NEOGEN's ownership of our previous distributor there as we are in Argentina, Uruguay and Chile. Through it all, we've made gains where we can as we work to protect our employees and business. And once again, I'm extremely proud of how our team has acted and reacted to this unprecedented business and social environment. I'm sure that a lot of you have questions, so at this point, I'm going to stop and open it up to those of you who have joined the call.