Avid Bioservices Inc (CDMO)

[cjgaddy]

They PR’d the Gilead add pretty solidly July2019, but yes, I know that there are many new customer adds that they don’t PR. I think some customers will not let them PR it, but not sure how prevalent that is.

7-8-19/PR: Avid Signs New Top10 Global Pharma [GILEAD] https://tinyurl.com/yyq8zgb9



Again, Gilead was 24% (v. 28% Halo) for 12mos FY20 (May19-Apr20), not for Q4.
But since the Gilead add was PR’d 7-8-19, and normally new customers don’t gen. Revs for at least 6 mos. (correct me if I’m wrong - that’s what I remember them saying), then Gilead’s 24% was only for 4-5 months of the 12.
...No telling what Gilead’s % for the last 3 or 6 months v. Halo would be.

I wish they would post Cust splits in the 10Q’s - they used to, but stopped 3-4 years ago.