Avid Bioservices Inc reports results for the quarter ended in July - Earnings Summary

Avid Bioservices

08/09/2021 21:54

* Avid Bioservices Inc  CDMO.OQ  reported quarterly adjusted
earnings of 10 cents​​ per share for the quarter ended in July.
The mean expectation of four analysts for the quarter was
for earnings of 4 cents per share.
* Revenue rose 21.1% to $30.75 million from a year ago; 
analysts expected $27.81 million. 
* Avid Bioservices Inc's reported EPS for the quarter was 10
cents​.
* The mean earnings estimate of analysts had risen by
about 36.4% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Avid Bioservices Inc shares had fallen by 8.1% this
quarter and gained 104.3% so far this year.
* The company reported quarterly net income of $6.3 million.
* Wall Street's median 12-month price target for Avid
Bioservices Inc is $28.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated September 8 at 08:54 p.m.
 ​All figures in US dollars unless otherwise stated