Inotiv: Q4 Earnings Insights

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Inotiv NOTV reported its Q4 earnings results on Monday, December 11, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Inotiv missed estimated earnings by 15.15%, reporting an EPS of $-0.38 versus an estimate of $-0.33.

Revenue was down $9.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 35.63% drop in the share price the next day.

Here's a look at Inotiv's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.10 -0.42 -1.30 -0.37
EPS Actual 0.07 -0.39 -0.82 -0.32
Revenue Estimate 151.08M 133.29M 118.75M 152.96M
Revenue Actual 157.47M 151.46M 122.75M 150.47M

To track all earnings releases for Inotiv visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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