Inotiv: Q1 Earnings Insights - Inotiv (NASDAQ:NOTV)

Inotiv NOTV reported its Q1 earnings results on Wednesday, February 7, 2024 at 04:05 PM.

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

Inotiv beat estimated earnings by 29.41%, reporting an EPS of $-0.6 versus an estimate of $-0.85.

Revenue was up $12.75 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 15.84% drop in the share price the next day.

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

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.33	-0.10	-0.42	-1.30	-0.37
EPS Actual	-0.38	0.07	-0.39	-0.82	-0.32
Revenue Estimate	139.43M	151.08M	133.29M	118.75M	152.96M
Revenue Actual	140.74M	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.