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Avid Bioservices raises FY23 revenue view to $145M-$150M from $140M-$145M
The Fly

Avid Bioservices raises FY23 revenue view to $145M-$150M from $140M-$145M

Consensus $143.81M. The company said, "The company is increasing full year revenue guidance for fiscal 2023 from $140 to $145 million to $145 and $150 million… Based on the company’s performance during the first six months, we anticipate that fiscal 2023 will be another strong year for Avid. The company’s strategic transformation is well underway, and we look forward to achieving the milestones that will position us for consistent growth in the future."

Published first on TheFly

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