Avid Bioservices (CDMO) Reports Q2 EPS of $0.06

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Avid Bioservices Reports Financial Results for First Quarter Ended July 31, 2020 and Recent Developments

September 1, 2020 4:05 PM EDT

-- Recorded First Quarter Revenue of $25.4 Million --

-- Signed Three New Customers and Project Expansion Orders with Current Customers for $20 Million --

-- Backlog of $60 Million at Quarter-End --

TUSTIN, Calif., Sept. 01, 2020 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ: CDMO) (NASDAQ: CDMOP), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality development and manufacturing services to biotechnology and pharmaceutical companies,... More