Indivior (INDV) Extends Jump on 3rd Day with 16% Gain

We recently published 10 Stocks Crushing With Whopping Double-Digit Gains. Indivior PLC (NASDAQ:INDV) is one of the best-performing stocks on Thursday.

Indivior PLC extended its winning streak to a third day on Thursday, jumping 16.09 percent to close at $20.20 after posting an impressive earnings performance and a higher growth outlook for the year.

Indivior PLC (NASDAQ:INDV) announced in its updated report that it swung to a net income of $18 million in the second quarter of the year from a $97 million net loss in the same period last year. Net revenues inched up by 1 percent to $302 million from $299 million year-on-year, thanks to a strong performance in its Sublocade drug, supported by stable prices from its Suboxone drugs.

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For the first half, Indivior PLC (NASDAQ:INDV) recorded a $65 million net profit, reversing a $36 million net loss in the same period last year. Revenues, however, dipped by 2.6 percent to $568 million from $583 million year-on-year.

Following the promising results, the company raised its net revenue guidance for full year 2025, now at a range of $1.03 billion to $1.08 billion, versus the $955 million to $1.025 billion previously.