Inotiv (NASDAQ: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.
