---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-002730"
form_type: "8-K"
ticker: "NOTV"
cik: "0000720154"
company_name: "Inotiv, Inc."
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T17:20:33.325886+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Inotiv Q4 FY2022 net loss $243.6M includes $236M goodwill impairment; sees FY2023 rev ≥$580M

## Summary
- Full year revenue $547.7M (up from $89.6M); net loss $(337.3)M vs net income $10.9M prior year.
- Q4 revenue $150.5M (up from $30.1M); net loss $(243.6)M including $236M goodwill impairment in RMS.
- Adjusted EBITDA FY 2022: $90.5M (16.5% of revenue) vs $9.3M (10.4%) prior year.
- FY 2023 guidance: revenue ≥$580M, Adj. EBITDA ≥$75M; Q1 rev $118-122M due to NHP disruption.
- Indictment of NHP supplier; company halts Cambodian NHP sales; credit agreement amendments restrict borrowing.

## SEC filing metadata
- accession: 0001104659-23-002730
- form_type: 8-K
- ticker: NOTV
- cik: 0000720154
- company_name: Inotiv, Inc.
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/tm232918d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-002730
- JSON: https://secwatch.observer/filing/0001104659-23-002730.json
- Plain text: https://secwatch.observer/filing/0001104659-23-002730.txt

## Key facts
- Earnings Releases
  Inotiv, Inc. reported the three months ended September 30, 2022 results: revenue $150.5 million, net income $(243.6) million. Guidance initiated.
  - Period: the three months ended September 30, 2022
  - Revenue: $150.5 million
  - Net income: $(243.6) million
  - Guidance: initiated
  - Result: reported results
  source text: Q4 FY 2022 Highlights · Revenue grew to $150.5 million in Q4 FY 2022 from $30.1 million during the three months ended September 30, 2021 (“Q4 FY 2021”), driven by a $14.1 million rise in DSA revenue and $106.3 million of incremental revenue from our RMS business. Favorable pricing for both segments and increased customer demand in DSA produced revenue exceeding acquisition contributions. · Consolidated net loss for Q4 FY 2022 was $(243.6) million, or (161.9)% of total revenue, compared to consolidated net income of $9.4 million, or 31.2% of total revenue in Q4 FY 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm
- Earnings Releases
  Inotiv, Inc. reported FY 2023 results: revenue at least $580 million. Guidance initiated.
  - Period: FY 2023
  - Revenue: at least $580 million
  - Guidance: initiated
  - Result: guidance update
  source text: For FY 2023, we are providing guidance of at least $580 million of revenue and at least $75 million of Adjusted EBITDA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm
- Earnings Releases
  Inotiv, Inc. reported the twelve months ended September 30, 2022 results: revenue $547.7 million, net income $(337.3) million. Guidance initiated.
  - Period: the twelve months ended September 30, 2022
  - Revenue: $547.7 million
  - Net income: $(337.3) million
  - Guidance: initiated
  - Result: reported results
  source text: FY 2022 Highlights · Revenue grew to $547.7 million in FY 2022 from $89.6 million during the twelve months ended September 30, 2021 (“FY 2021”), driven by a $75.7 million rise in Discovery and Safety Assessment (“DSA”) revenue and $382.4 million of incremental revenue from our Research Models and Services (“RMS”) business. Growth resulted primarily from acquisitions and growing customer demands along with favorable pricing. · Consolidated net loss for FY 2022 was $(337.3) million, or (61.6)% of total revenue, compared to consolidated net income of $10.9 million, or 12.2% of total revenue, in FY 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000110465923002730/0001104659-23-002730-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.