Replies to post #272748 on Avid Bioservices Inc (CDMO)

[Carboat]

Meanwhile, we have solid reason to believe the next quarter financial results will look good. May even push Peregrine into the green.

You mean because the big miss of last quarter will roll into this quarter? Who's to say they won't push business out next quarter? How can you trust their forecasting at this point? The company projects losses well into the future. They are not going to be profitable next quarter. They have told the market that already.

[vanessapu]

My take look at year to date and back log,and cash on hand.

[corporalagarn]

Paul, this quarter will not be green. I promise you that.

[Carboat]

You don't want profitability until you can sustain it anyway. A one wuarter blip becaused you so hugely botched the prev. Quarter is not very useful.