Neogen Corporation (NASDAQ:NEOG) Q1 2024 Earnings Call Transcript

Unidentified Participant: Got it. Thank you. And just one last one. Sorry, if I missed it, but have you — do you think that any customers stocked Petrifilm earlier in the year during supply constrained environment?

David Naemura: Sorry, I didn’t get the question. [Multiple Speakers]

John Adent: Yeah. Can you say it again, John?

Unidentified Participant: Yeah. Sorry if I missed it. But did — is it your understanding that any customers stock Petrifilm earlier in the year during more supply-constrained environments?

David Naemura: So, I don’t think we’ve — I don’t think we’ve seen that. You know, I mean, as you know.

Unidentified Participant: Got it. Thank you.

John Adent: Thank you.

Operator: Thank you. And this concludes the question-and-answer session. I would like to turn the floor to management for any closing comments.

John Adent: Thank you. Yeah. As we stated earlier, while the quarter was a little softer than anticipated, I think what we wanted to talk about was the success really of the integration and moving off our two transition services agreements and standing up ERP. And for those of you that have been involved in a lot of different companies, those were significant risk factors that could derail organizations. And I’m really proud of the team and the work they’ve done and the ability to plan and execute kind of seamlessly to continue to move to the new Neogen and the One Neogen environment. So, we’re really excited about the future. We look forward to talking to you in the second quarter. Thank you.

Operator: Thank you. The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect your lines.