Avid Bioservices Inc

NASDAQ:CDMO  
20.09
+0.81 (+4.20%)
Other Pre-Announcement

Avid Bioservices Reports Q2 Earnings Per Share $0.01

Published: 12/02/2020 21:21 GMT
Avid Bioservices Inc (CDMO) - Avid Bioservices Reports Financial Results for Second Quarter Fiscal 2021 and Recent Developments.
Q2 Revenue Rose 15 Percent to $21.1 Million.
Q2 Revenue Estimate $15.5 Million -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share $0.01.
Q2 Earnings per Share Estimate $-0.06 -- Refinitiv Ibes Data (analyst estimates).
In Quarter Signed $28 Million in Business Orders and Ended Quarter With Backlog of $67 Million.
Sees FY Fiscal 2021 Revenue $84 Million to $88 Million.
Reported $35.7 Million in Cash and Cash Equivalents As of October 31, 2020.