Avid Bioservices Reports Financial Results for Third Quarter Fiscal 2021 and Recent Developments
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-- Third Quarter Revenue Increased 61% to $21.8 Million --
-- Signed $74 Million in New Orders to End the Quarter with a Backlog of $120 Million ---- First Phase of Myford Expansion on Target, Accelerated Start of Second Phase ---- Raised Gross Proceeds of $34.5 Million in Follow-On Equity Offering ---- Revenue Guidance for Fiscal 2021 Increased to $88 to $91 Million --
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