Inotiv shares plunge 19.27% intraday after Q1 revenue misses estimates and operating loss widens.

Inotiv shares plunged 19.27% intraday following the release of its first-quarter fiscal 2026 financial results, which revealed revenue of $120.9 million—up just 0.8% year-over-year but below analyst estimates of $126.53 million—and a widening operating loss. The company’s minimal revenue growth and deteriorating profitability prompted investor concerns over its business performance, triggering a sharp selloff. Multiple news reports highlighted the earnings shortfall and expanded losses as primary drivers of the intraday decline.