secwatch.observer — SEC 8-K summary
======================================

Issuer:     Inotiv, Inc. (NOTV)
CIK:        0000720154
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001628280-25-004043
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inotiv Q1 FY2025 revenue $119.9M (-11.5%); net loss widens to $27.6M
--------------------------------------------------------------------

- Revenue declined 11.5% to $119.9M; RMS segment down 15.1%, DSA down 4.2%.
- Net loss of $27.6M (23.0% of rev) vs. $15.8M loss (11.7%) in prior year; Adjusted EBITDA $2.6M vs $9.6M.
- Raised $27.5M net from 6.9M share issuance to strengthen liquidity.
- DSA backlog flat sequentially at $130.4M; book-to-bill 1.01x.
- Expects $4-5M annual cost savings from RMS site optimization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720154/000162828025004043/0001628280-25-004043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720154/000162828025004043/notv-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-004043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer