Inotiv (NASDAQ:NOTV) reported its Q2 earnings results on Thursday, May 12, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Inotiv beat estimated earnings by 11.11%, reporting an EPS of $-0.24 versus an estimate of $-0.27.
Revenue was up $121.56 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.12 which was followed by a 15.96% drop in the share price the next day.
Here's a look at Inotiv's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.13 | -0.08 | -0.06 |
| EPS Actual | -0.16 | -0.23 | -0.15 | -0.06 |
| Revenue Estimate | 72.78M | 27.30M | 21.10M | 16.61M |
| Revenue Actual | 84.21M | 30.08M | 22.89M | 18.75M |
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.
