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Avid Bioservices, Inc. revenue increases to $149.27 million in 2023 from previous year

Avid Bioservices, Inc. revenue increases to $149.27 million in 2023 from previous year

Key fundamental financials
  • profit of $560,000 
  • Revenue of $149.27 million
  • earnings per share of $0.01

By USInMinutes
Published - Jun 21, 2023, 06:52 PM ET
Last Updated - Jul 18, 2023, 03:07 PM EDT

Current ReportingRevenueNet IncomeProfit/Loss
Apr 2023$149.27 million$560,000 profit
Apr 2022$119.60 million$127.67 millionprofit
Apr 2021$95.87 million$11.21 millionprofit

Avid Bioservices, Inc. [CDMO] has reported $560,000  profit for the fiscal year ending Apr 30, 2023 while the earnings for the same period were $0.01 per share.

Revenue for the year was $149.27 million with operating income of $3.60 million.

The Tustin, California (CA)-based company operating in the pharmaceutical preparations sector has total shareholders equity of $189.47 million.

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