Inotiv Reschedules 2Q Results, Citing Investigation-Related Talks

Dow Jones05-10

By Ben Glickman

Inotiv said Thursday it would reschedule the release of its fiscal second-quarter results due to continuing negotiations with authorities.

The West Lafayette, Ind.-based contract research organization said that it would no longer release and discuss results for the three and six months ended March 31 on Friday. It expects to be able to file its quarterly form with the U.S. Securities and Exchange Commission by May 15.

The company said it was still in negotiations with the U.S. Justice Department and other authorities on a resolution relating to a 2022 investigation. Inotiv said it needs more time to complete its analysis of any potential resolution and the financial implications.

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

May 09, 2024 19:23 ET (23:23 GMT)

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