Inotiv Inc. has announced its preliminary financial results for the fourth quarter and full year ending September 30, 2025. The company expects fourth quarter revenue to be between $137.5 million and $138.5 million, reflecting an improvement over the prior year period. For the full fiscal year 2025, anticipated revenue is between $512.5 million and $513.5 million. The Discovery and Safety Assessment (DSA) services business reported strong performance, with contract awards up 60% compared to the same period last year. The DSA business is projected to have a book-to-bill ratio of 1.08x for the fourth quarter and 1.05x for the full year. The DSA backlog is expected to reach approximately $138.0 million at the end of September 2025, up from $129.9 million a year earlier.