Avid Bioservices Inc (CDMO)

[westjtter]

Well at least we beat the Russell 2K today...they were up .43 and we were up a whopping 1.82%!

Yes once again on light volume on a holiday shortened day, but a gain is a gain so I will take it.

so yes, really looking forward to our quarterly financials and CC....will we finally see the fingerprints of Nick Green on this quarter or will we continue with the same old same old?

As always, Hope springs eternal and so I am expecting something very positive to come out of our financials and CC....I would really like some solid guidance and a little more clarity on how we will become "significantly larger" in the future....according to our new CEO.

I would like to see him lay out a path....as in based on our current projections we hope to do $90 to $95 million in revenues this year....in addition we have started on our initial expansion which will add another $10 to $20 million to our capacity.

We expect to continue a larger expansion in 2021 that will double our capacity so that we could potentially look at $200 million plus in revenues in our next fiscal year, and after that continue on our growth trajectory to fill out our capacity and revenue projection in the $250 million to $275 million range.

Once we pass the $250 million revenue threshold we have many further options that will open up as in larger facilities and new equipment to continue this growth path.

Hmmm...is that asking too much of our CEO to share his vision and lay out a clear path on how to achieve this??

I would think not! That's why he gets paid the big bucks!!