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Avid Bioservices Q2 2023 Earnings Report

Avid Bioservices logo
$12.37 +0.01 (+0.08%)
(As of 10:38 AM ET)

Avid Bioservices EPS Results

Actual EPS
$0.05
Consensus EPS
-$0.02
Beat/Miss
Beat by +$0.07
One Year Ago EPS
$0.04

Avid Bioservices Revenue Results

Actual Revenue
$39.80 million
Expected Revenue
$39.00 million
Beat/Miss
Beat by +$800.00 thousand
YoY Revenue Growth
N/A

Avid Bioservices Announcement Details

Quarter
Q2 2023
Time
After Market Closes

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Avid Bioservices Earnings Headlines

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About Avid Bioservices

Avid Bioservices (NASDAQ:CDMO) operates as a contract development and manufacturing organization for the biotechnology and biopharmaceutical industries in the United States. It provides process development and current good manufacturing practice clinical and commercial manufacturing services of biologics, including clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, regulatory submission and support, upstream and downstream development and optimization, analytical methods development, cell line development, testing, and characterization services. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is based in Tustin, California.

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