NASDAQ$NOTV

Inotiv Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Inotiv's Q4 2024 financial results were announced, revealing a revenue decrease of 7.3% compared to the same quarter last year, alongside a consolidated net loss.

Inotiv reported a 7.3% decrease in revenue for Q4 2024, totaling $130.4 million, and a net loss of $18.9 million. The revenue decline was primarily driven by decreases in both Discovery and Safety Assessment (DSA) and Research Models and Services (RMS) segments. Despite the challenges, the company completed site optimization plans, saw some recovery in NHP sales, and amended its credit agreement.

  • Q4 FY 2024 revenue decreased by 7.3% year-over-year to $130.4 million.
  • Consolidated net loss for Q4 FY 2024 was $18.9 million, compared to a net loss of $8.7 million in Q4 FY 2023.
  • Adjusted EBITDA for Q4 FY 2024 was $5.4 million, down from $23.7 million in Q4 FY 2023.
  • DSA backlog was $129.9 million at the end of September 2024, slightly down from $132.1 million the previous year.

Headline financials

Total Revenue

$130M

Previous: $141M-7.3%
EPS (adj)

-$0.73

Previous: -$0.38-92.1%
Adjusted EBITDA

$5.37M

No prior period
Adj. EBITDA % Revenue

4.1%

No prior period
DSA Backlog

$130M

Previous: $132M-1.7%
Operating Loss % Revenue

-10.1%

No prior period
Capital Expenditures

-$5.3M

Previous: -$6.18M+14.3%
Net Income

-$18.9M

Previous: -$8.7M-117.2%
Operating Income

-$13.2M

Previous: $2.5M-626.7%
Gross Profit

$29.9M

Previous: $43.7M-31.5%
Stock-Based Comp

$1.62M

Previous: $1.99M-18.4%

Revenue & EPS history

Inotiv · Revenue · Quarterly

$130M

Q4 2024-7.3%vs Q4 2023
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%

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 Q4 2024

Historical avgQ4 2024

+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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