Avid Bioservices Reports Financial Results for First Quarter Fiscal 2020 and Recent Developments

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Avid Bioservices (CDMO) Misses Q4 EPS by 5c, Reaffirms Rev. Guidance

September 5, 2019 4:14 PM EDT

Avid Bioservices (NASDAQ: CDMO) reported Q4 EPS of ($0.08), $0.05 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $15.3 million versus the consensus estimate of $14.36 million.

Reaffirms Fiscal 2020 Projected Revenue of $64 to $67 Million

For earnings history and earnings-related data on Avid Bioservices (CDMO) click here.

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