Inotiv, Inc. reported earnings results for the fourth quarter and full year ended September 30, 2022. For the fourth quarter, the company reported revenue was USD 150.47 million compared to USD 30.08 million a year ago. Net loss was USD 244.16 million compared to net income of USD 9.38 million a year ago. Basic loss per share from continuing operations was USD 9.54 compared to basic earnings per share from continuing operations of USD 0.59 a year ago. Diluted loss per share from continuing operations was USD 9.54 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.
For the full year, revenue was USD 547.66 million compared to USD 89.61 million a year ago. Net loss was USD 337.02 million compared to net income of USD 10.9 million a year ago. Basic loss per share from continuing operations was USD 13.84 compared to basic earnings per share from continuing operations of USD 0.83 a year ago. Diluted loss per share from continuing operations was USD 13.84 compared to diluted earnings per share from continuing operations of USD 0.19 a year ago.