Avid Bioservices Inc (CDMO)

[Frustrated]

They are not supposed to make a profit? What a ridiculous statement! They have a manufacturing facility that is capable of producing more than 28 million in revenues a year! Not having that run a full capacity is bad business and to just say they are not suppose to make money is comical! No wonder this BOD thinks they can do whatever they want. They have 139 employees with revenues down 70% for the year. What is mgmt doing to control costs? All imo.