Avid Bioservices to Report Financial Results for Quarter and Fiscal Year Ended April 30, 2022 After Market Close on June 29, 2022
Avid Bioservices (NASDAQ:CDMO) will announce its financial results for the quarter and fiscal year ending April 30, 2022, on June 29, 2022, after market close.
Sentiment and the balance of points
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Rhea-AI Summary
Avid Bioservices (NASDAQ:CDMO) will announce its financial results for the quarter and fiscal year ending April 30, 2022, on June 29, 2022, after market close. A conference call will follow at 1:30 PM PT (4:30 PM ET) where senior management will discuss the results and recent corporate developments. As a dedicated CDMO, Avid focuses on providing high-quality services in biologics, including CGMP manufacturing and process development for biotechnology and pharmaceutical sectors, leveraging 29 years of experience in the industry.
Positive
- Company to report financial results, which may reflect positive growth metrics.
- Avid has 29 years of experience, enhancing credibility.
- Comprehensive service offerings could attract more clients.
Negative
- None.
Details
News Market Reaction – CDMO
The recorded move for CDMO in the trading session of this news was +7.37%.
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TUSTIN, Calif., June 22, 2022 (GLOBE NEWSWIRE) -- Avid Bioservices, Inc. (NASDAQ:CDMO), a dedicated biologics contract development and manufacturing organization (CDMO) working to improve patient lives by providing high quality services to biotechnology and pharmaceutical companies, today announced that it will report financial results for the quarter and fiscal year ended April 30, 2022 on June 29, 2022 after market close and will host a conference call and webcast at 1:30 PM Pacific Time (4:30 PM Eastern Time). Members of Avid's senior management will discuss financial results for the quarter and FY ended April 30, 2022 and review recent corporate developments.
To listen to the live webcast, or access the archived webcast, please visit: http://ir.avidbio.com/investor-events.
To listen to the conference call, please dial (877) 312-5443 or (253) 237-1126 and request the Avid Bioservices call.
About Avid Bioservices, Inc.
Avid Bioservices (NASDAQ:CDMO), an S&P SmallCap 600 company, is a dedicated contract development and manufacturing organization (CDMO) focused on development and CGMP manufacturing of biologics. The company provides a comprehensive range of process development, CGMP clinical and commercial manufacturing services for the biotechnology and biopharmaceutical industries. With 29 years of experience producing monoclonal antibodies and recombinant proteins, Avid's services include CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing and regulatory submissions support. For early-stage programs the company provides a variety of process development activities, including upstream and downstream development and optimization, analytical methods development, testing and characterization. The scope of our services ranges from standalone process development projects to full development and manufacturing programs through commercialization. www.avidbio.com
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