Avid Bioservices (NASDAQ:CDMO) First Quarter 2025 Results

Key Financial Results

• Revenue: US$40.2m (up 6.5% from 1Q 2024).

• Net loss: US$5.53m (loss widened by 161% from 1Q 2024).

• US$0.087 loss per share (further deteriorated from US$0.034 loss in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Avid Bioservices Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 64%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 8.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Avid Bioservices that you need to take into consideration.

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