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Inotiv (NOTV)
NASDAQ:NOTV
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.64Last Year’s EPS
-1.86Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: 1.67%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted efforts to stabilize revenue and improve liquidity through equity offerings and strategic sales initiatives. However, significant revenue declines, operating losses, and increased cancellations in the DSA segment indicate ongoing challenges. The sentiment is mixed with positive steps taken but overshadowed by financial setbacks.Company Guidance
During the call, Inotiv provided guidance on several metrics for fiscal 2025. The company reported a first-quarter revenue of $119.9 million, a decrease of 11.5% compared to $135.5 million in the same quarter of 2024, largely due to a $13.5 million reduction in Non-Human Primate (NHP) revenue. The decrease in revenue was attributed to lower average selling prices for NHPs, which were 30.3% lower than in the first quarter of fiscal 2024. The company also highlighted a strong quarter for new Discovery and Safety Assessment (DSA) awards, despite a slight reduction in DSA revenue from $44.7 million in the first quarter of 2024 to $42.8 million in 2025. Inotiv expects year-over-year revenue and adjusted EBITDA growth each quarter for the remainder of fiscal 2025, with improved margins anticipated in the NHP segment. The company also reported an operating loss of $15.5 million for the first quarter, compared to a $9.4 million loss in the same period last year, and adjusted EBITDA of $2.6 million, down from $9.6 million. The company emphasized its focus on process optimization, client satisfaction, and strategic investments to enhance liquidity and reduce revenue volatility.Equity Offering Enhances Liquidity
The recent equity offering provided net proceeds of $27.5 million, enhancing the company's liquidity position and reducing liquidity risk going forward.
NHP Revenue Stabilization Efforts
Efforts to reduce RMS volatility by expanding the NHP client base and pre-selling inventory are expected to deliver more consistent revenue streams.
Improvement in Discovery Service Awards
A 16% increase in discovery service awards in Q1 of fiscal 2025 versus Q1 of fiscal 2024, marking the first quarter of reported growth in two years.
Colony Management Services Growth
Revenue from Colony Management Services is expected to increase in 2025 as it did in 2024, showing a trend of growth in this segment.
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NOTV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NOTV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $4.18 | $3.92 | -6.22% |
| Dec 03, 2024 | $4.19 | $3.93 | -6.21% |
| Aug 08, 2024 | $1.68 | $1.67 | -0.60% |
| May 15, 2024 | $2.24 | $2.14 | -4.46% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Inotiv (NOTV) report earnings?
Inotiv (NOTV) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Inotiv (NOTV) earnings time?
Inotiv (NOTV) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NOTV EPS forecast?
NOTV EPS forecast for the fiscal quarter 2025 (Q2) is -0.64.
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