Inotiv's Q1 Earnings: Revenue Meets Expectations, EPS Misses by $0.19

Inotiv reported Q1 GAAP EPS of -$0.83, missing expectations by $0.19. Revenue of $120.88M was in-line with the previous year. Adjusted EBITDA was $1.8 million, or 1.5% of total revenue, compared to $2.6 million, or 2.2% of total revenue, in the same period last year.