Inotiv (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
