NASDAQ$NOTV

Inotiv Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Revenue decreased due to declines in both Research Models & Services and Discovery & Safety Assessment segments, resulting in a net loss.

Inotiv reported a decrease in revenue for Q1 2025, driven by lower performance in both its RMS and DSA segments. The company experienced a net loss, although they enhanced liquidity through a common share issuance.

  • Revenue decreased by 11.5% to $119.9 million compared to the same period last year.
  • Net loss was $27.6 million, which is 23.0% of total revenue.
  • Adjusted EBITDA was $2.6 million, representing 2.2% of total revenue.
  • DSA backlog was $130.4 million.

Headline financials

Total Revenue

$120M

Previous: $136M-11.5%
EPS (adj)

-$1.02

Previous: -$0.60-70.0%
Capital Expenditures

-$4.46M

Previous: -$5.57M+20.0%
Free Cash Flow

-$8.96M

Previous: -$15.4M+41.8%
Net Income

-$27.6M

Previous: -$15.4M-79.6%
Operating Income

-$15.5M

Previous: -$9.37M-65.5%
Gross Profit

$10.9M

Previous: $764K+1321.3%

Revenue & EPS history

Inotiv · Revenue · Quarterly

$120M

Q1 2025-11.5%vs Q1 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Inotiv · $158M total across 2 segments · Q3 2023

  • RMS
    $111M-17.5%
  • DSA
    $46.8M-2.3%

Forward guidance

Inotiv is focused on strengthening financial stability and enhancing client experience. They anticipate annual cost savings upon completing the next phase of their North American RMS site optimization plan.

Tailwinds

  • Expanded NHP client base and secured pre-sales for calendar year 2025 to reduce revenue volatility.
  • Colony management services are expected to experience steady growth and increased revenue.
  • Advancing the optimization of North American transportation and distribution systems for improved efficiency.
  • Anticipate annual cost savings of approximately $4.0 to $5.0 million upon completing the next phase of North American RMS site optimization.
  • Recent equity offering generated $27.5 million in net proceeds, allowing for strategic decisions and sustainable growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.4%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+5.6%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+51.3%

Q4 2022

Best reaction

-35.7%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-3.6%-0.2%-72.5%
Q1 2026-14.3%-33.3%-7.1%
Q4 2025-6.3%-9.6%-42.6%
Q2 2025+11.2%+4.5%+33.8%
Q1 2025-12.9%-8.9%-41.8%
Q4 2024+0.8%-2.6%+7.4%
Q3 2024+5.0%-5.0%-15.7%
Q2 2024+0.9%-13.2%-17.0%
Q1 2024+15.0%+45.5%+126.5%
Q4 2023-24.6%-7.1%+17.2%
Q3 2023-35.7%-40.7%-49.0%
Q2 2023-7.0%+0.2%-13.1%
Q1 2023+4.5%+4.4%-30.1%
Q4 2022+51.3%+67.4%+47.4%
Q3 2022+24.9%+33.9%+16.1%
Q2 2022+42.5%+60.3%+21.1%
Q1 2022-18.7%-28.8%-47.9%
Q4 2021-13.0%+9.7%-19.8%
Q3 2021+6.5%+3.2%+13.1%
Q2 2021+4.2%+9.3%+9.6%
Q1 2021+25.2%+34.7%+48.4%
Q4 2020+20.9%+13.6%+74.3%
Q3 2020-12.8%-15.7%-10.6%
Q2 2020+6.2%+13.2%+25.4%
Q1 2020-12.3%-13.1%-20.4%
Q4 2019+13.7%+10.8%+34.5%
Q3 2019-4.8%+16.2%+73.8%
Q2 2019-2.9%-4.8%-4.3%
Q1 2019-4.9%-2.1%+31.9%
Q4 2018-2.3%-2.3%+6.8%
Q3 2018+0.0%+6.7%+7.3%
Q2 2018+0.6%-2.3%-5.2%
Q1 2018-19.6%-16.4%-15.3%
Q4 2017-3.9%-5.7%-22.1%
Q3 2017-4.0%-2.8%-9.7%
Q2 2017+6.3%+3.2%+5.7%
Q1 2017+23.1%+20.9%+64.8%
Q4 2016+10.0%-1.2%+17.5%
Q3 2016-13.6%-4.3%-18.6%
Q2 2016-6.9%
Q1 2016-14.3%
Q4 2015-3.1%
Q3 2015-8.6%
Q2 2015-1.9%
Q1 2015-5.5%
Q4 2014-7.5%
Q3 2014+15.2%
Q2 2014-2.3%
Q1 2014-9.8%
Q4 2013+9.6%
Q3 2013+25.9%
Q2 2013+9.6%
Q1 2013+3.4%
Q4 2012-5.9%
Q3 2012+4.8%
Q2 2012-7.5%
Q1 2012+0.0%
Q1 2011+0.0%
Q4 2011-3.8%
Q2 2011-3.8%
Q4 2010-4.3%
Q3 2011-4.3%
Q3 2010-4.3%
Q2 2010-3.2%

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