---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-019702"
form_type: "8-K"
ticker: "NOTV"
cik: "0000720154"
company_name: "Inotiv, Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T16:56:21.844236+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Inotiv Q1 FY2023 revenue $122.8M, net loss $86.9M including $66.4M goodwill impairment; reaffirms FY2023 guidance

## Summary
- Revenue rose 45.8% YoY to $122.8M, driven by acquisitions in DSA (+$8.3M) and RMS (+$30.3M).
- Consolidated net loss of $86.9M included a $66.4M non-cash goodwill impairment for RMS segment.
- Adjusted EBITDA was negative $5.5M vs positive $10.1M a year earlier; margin fell to (4.5)%.
- Company reiterates FY2023 guidance: revenue at least $580M, Adjusted EBITDA at least $75M, capex ≤5% of revenue.
- NHP supply disruption from Cambodia halted sales; company expects new procedures before resuming imports.

## SEC filing metadata
- accession: 0001104659-23-019702
- form_type: 8-K
- ticker: NOTV
- cik: 0000720154
- company_name: Inotiv, Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720154/000110465923019702/0001104659-23-019702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720154/000110465923019702/tm236555d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-019702
- JSON: https://secwatch.observer/filing/0001104659-23-019702.json
- Plain text: https://secwatch.observer/filing/0001104659-23-019702.txt

## Key facts
- Earnings Releases
  Inotiv, Inc. reported the three months ended December 31, 2022 results: revenue $122.8 million, net income $(86.9) million. Guidance reaffirmed.
  - Period: the three months ended December 31, 2022
  - Revenue: $122.8 million
  - Net income: $(86.9) million
  - Guidance: reaffirmed
  - Result: reported results
  source text: and services, today announced financial results for the three months (“Q1 FY 2023”) ended December 31, 2022. Financial Highlights Q1 FY 2023 Highlights · Revenue grew to $122.8 million in Q1 FY 2023 from $84.2 million during the three months ended December 31, 2021 (“Q1 FY 2022”), driven by a $8.3 million rise in Discovery and Safety Assessment (“DSA”) revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/720154/000110465923019702/0001104659-23-019702-index.htm

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