Inotiv Inc (NOTV) Reports Revenue Growth and Reduced Net Loss in Q1 FY 2024 [Yahoo! Finance]
Inotiv, Inc. (NOTV)
Company Research
Source: Yahoo! Finance
Net Loss Reduction : Consolidated net loss decreased to $15.8 million in Q1 FY 2024 from $86.9 million in Q1 FY 2023. Adjusted EBITDA Improvement : Adjusted EBITDA rose to $9.6 million in Q1 FY 2024, compared to $(5.5) million in Q1 FY 2023. Debt Compliance : Inotiv Inc remained in compliance with its debt covenants as of December 31, 2023. Fiscal 2024 Outlook : Reaffirms revenue expectations of $580 to $590 million and adjusted EBITDA of $75 to $80 million. Warning! GuruFocus has detected 7 Warning Signs with NOTV. On February 7, 2024, Inotiv Inc ( NASDAQ:NOTV ) released its 8-K filing , detailing the financial results for the first quarter of fiscal year 2024. The company, a leading contract research organization specializing in nonclinical and analytical drug discovery and development services, reported a significant 10.3% increase in revenue to $135.5 million. This growth is attributed to an 11.1% increase in Research Models and Services (RMS) revenue and an 8.8% increa
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NOTV
News
- INOTIV INVESTIGATION CONTINUED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Inotiv, Inc. - NOTVBusiness Wire
- Investors push Inotiv (NASDAQ:NOTV) 16% lower this week, company's increasing losses might be to blame [Yahoo! Finance]Yahoo! Finance
- Inotiv, Inc. to Report Fiscal 2024 Second Quarter Financial Results and Host Conference Call on Friday, May 10, 2024GlobeNewswire
- INOTIV INVESTIGATION CONTINUED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Inotiv, Inc. - NOTVPR Newswire
- North America Animal Genetics Market Forecast to 2028: Rising Adoption of Progressive Genetic Practices Fuels the North American Animal Genetics Market - A US$ 3.31 Billion Market by 2028 [Yahoo! Finance]Yahoo! Finance
NOTV
Earnings
- 2/7/24 - Miss
NOTV
Sec Filings
- 4/3/24 - Form SC
- 3/21/24 - Form 3
- 3/19/24 - Form 8-K
- NOTV's page on the SEC website