CDMO Stock Earnings: Avid Bioservices Misses EPS, Misses Revenue for Q2 2024

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CDMO stock - CDMO Stock Earnings: Avid Bioservices Misses EPS, Misses Revenue for Q2 2024

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Avid Bioservices (NASDAQ:CDMO) just reported results for the second quarter of 2024.

  • Avid Bioservices reported earnings per share of -12 cents. This was below the analyst estimate for EPS of -6 cents.
  • The company reported revenue of $25.40 million.
  • This was 23.53% worse than the analyst estimate for revenue of $33.21 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2023/12/cdmo-stock-earnings-avid-bioservices-for-q2-of-2024/.

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