Benzinga | Sep 8, 2021 04:11PM EDT

Avid Bioservices Q1 EPS $0.10 Beats $0.04 Estimate, Sales $30.80M Beat $27.81M Estimate

Avid Bioservices (NASDAQ:CDMO) reported quarterly earnings of $0.10 per share which beat the analyst consensus estimate of $0.04 by 150 percent. This is a 66.67 percent increase over earnings of $0.06 per share from the same period last year. The company reported quarterly sales of $30.80 million which beat the analyst consensus estimate of $27.81 million by 10.75 percent. This is a 21.30 percent increase over sales of $25.39 million the same period last year.