Avid Bioservices Reports Financial Results for Fourth Quarter and Fiscal Year Ended April 30, 2023

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Avid Bioservices (CDMO) Misses Q4 EPS by 1c; guides below views

June 21, 2023 4:11 PM EDT

Avid Bioservices (NASDAQ: CDMO) reported Q4 EPS of $0.00, $0.01 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $39.8 million versus the consensus estimate of $38.91 million.

GUIDANCE:

Avid Bioservices sees FY2024 revenue of $145-165 million, versus the consensus... More