Inotiv, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported revenue was USD 119.04 million compared to USD 151.46 million a year ago. Net loss was USD 48.08 million compared to USD 9.99 million a year ago. Basic loss per share from continuing operations was USD 1.86 compared to USD 0.39 a year ago. Diluted loss per share from continuing operations was USD 1.86 compared to USD 0.39 a year ago.
For the six months, revenue was USD 254.54 million compared to USD 274.22 million a year ago. Net loss was USD 63.47 million compared to USD 97.32 million a year ago. Basic loss per share from continuing operations was USD 2.46 compared to USD 3.79 a year ago. Diluted loss per share from continuing operations was USD 2.46 compared to USD 3.79 a year ago.