Neogen Corporation (NASDAQ:NEOG) Q2 2023 Earnings Call Transcript

John Adent: Yes. Look, I think that’s a fair way to think about it. We’re on a ramp here, so we’ll see that come up. That’s why we wanted to say that we came in probably a little hot at the adjusted EBITDA margin line item here in the quarter just completed, and we’ll see those costs come in and will normalize back down in kind of the mid-20s.

Operator: There are no more questions in the queue. This concludes our question-and-answer session. I would like to turn the conference back over to John Adent for any closing remarks.

John Adent: Great. Thank you. And I want to thank all of you for joining us this morning. And I hope that you had a happy and safe holidays and that your 2023 is off to a great start. We’re really excited here at Neogen about what the New Year brings with our new one Neogen business and really helping our customers perform in 2023. So thank you again for joining us, and we look forward to talking to you again on our third quarter call in the spring.

Operator: Conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.