Inotiv’s Financial Strain Deepens Amid Mixed Segment Performance

Inotiv has released its financial results for the first quarter of fiscal year 2026, revealing a concerning trend of expanding losses. The company’s overall revenue saw marginal growth, but this was overshadowed by a significant deterioration in its bottom line, driven by weakness in one of its core business divisions.

Key Financial Metrics:
* Total Revenue: $120.9 million (a 0.8% year-over-year increase)
* Net Loss: $28.4 million (compared to $27.6 million in the prior-year period)
* Loss Per Share: -$0.83 (falling short of market expectations)
* Net Debt: $405.8 million
* DSA Backlog: $145.4 million

The quarter’s performance highlighted a stark divergence Read more...