Inotiv: Q2 Earnings Insights

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Inotiv NOTV reported its Q2 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Earnings

Inotiv beat estimated earnings by 7.14%, reporting an EPS of $-0.39 versus an estimate of $-0.42.

Revenue was up $11.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 0.54% increase in the share price the next day.

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

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -1.30 -0.37 -0.02 -0.27
EPS Actual -0.82 -0.32 -0.15 -0.24
Revenue Estimate 118.75M 152.96M 141.73M 120.56M
Revenue Actual 122.75M 150.47M 172.67M 140.31M

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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