Inotiv Q3 FY2024 revenue down 32.8% to $105.8M; net loss $26.1M; adjusted EBITDA $0.1M

Inotiv, Inc.

2024-Q3 EPS reported -$3.46 revenue$360,322,000

Revenue fell 32.8% YoY to $105.8M; RMS segment down 44.4% on lower NHP demand and pricing.
Net loss of $26.1M vs $0.4M net income a year ago; consolidated net loss margin 24.7%.
Adjusted EBITDA was $0.1M (0.1% of revenue) vs $30.5M (19.4%) in Q3 FY2023.
Closed certain DOJ investigations; recorded $28.5M charge, paid $6.5M in Q3; Sixth Amendment waived Q3 covenant tests.
DSA backlog $139.4M down from $149.1M a year ago; book-to-bill 0.94x; NHP probe closed by S.D. Fla. on July 23.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.