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Avid Bioservices Q3 EPS $(0.06) Misses $(0.04) Estimate, Sales $13.6M Miss $15.42M Estimate

Avid Bioservices (NASDAQ:CDMO) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.04) by 50 percent. This is a 20 percent decrease over losses of $(0.05) per share from the

Benzinga · 03/10/2020 20:11

Avid Bioservices (NASDAQ:CDMO) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $(0.04) by 50 percent. This is a 20 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $13.6 million which missed the analyst consensus estimate of $15.42 million by 11.80 percent. This is a 1.31 percent decrease over sales of $13.781 million the same period last year.