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

Avid Bioservices

07/12/2021 22:01

* Avid Bioservices Inc  CDMO.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended in
October. The mean expectation of four analysts for the quarter
was for earnings of 3 cents per share.
* Revenue rose 24% to $26.11 million from a year ago;  analysts
expected $24.02 million. 
* Avid Bioservices Inc's reported EPS for the quarter was 6
cents​.
* The mean earnings estimate of analysts was unchanged 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 risen by 30.6% this
quarter and gained 144.2% so far this year.
* The company reported quarterly net income of $3.52 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 December 7 at 10:00 p.m.
 ​All figures in US dollars unless otherwise stated