Inotiv (NASDAQ: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.
