11:58 AM EDT, 07/25/2024 (MT Newswires) -- Indivior ( INDV ) shares were up 15.5% in recent Thursday trading after the company reported higher Q2 adjusted earnings and revenue.

The company reported Q2 adjusted diluted earnings Thursday of $0.44 per share, up from $0.39 a year earlier.

Three analysts polled by Capital IQ expected $0.40.

Net revenue for the quarter that ended June 30 was $299 million, compared with $276 million a year earlier.

Three analysts surveyed by Capital IQ expected $289.6 million.

The company said it trimmed its fiscal 2024 revenue guidance to a range of $1.15 billion to $1.22 billion from between $1.24 billion and $1.33 billion anticipated previously. Analysts polled by Capital IQ expect $1.18 billion.

Price: 12.57, Change: +1.69, Percent Change: +15.53