Stock report · Delisted · Nasdaq

Avid Bioservices Inc (CDMO)

12.48USD Delisted Final close · Jan 31, 2025

CDMO no longer trades. Avid Bioservices was delisted from the Nasdaq in January 2025.

All prices on this page are historical. The last trade was on January 31, 2025, at $12.48.

CDMO stock price history

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Split-adjusted closing prices, 2018–2025

Final trading statistics

Final close
$12.48
Final trading day
Jan 31, 2025
Market cap at delisting
$798.26M
Shares outstanding
63.96M
Final 52-week range
$5.90 – $12.49
Avg. volume (final 3 mo.)
2,203,191
All-time high
$369.61 · Mar 2000
All-time low
$1.51 · Jan 2017
Return since IPO
-82.4%
Beta
1.41
Book value / share
$0.96
Price / book
13.03

About Avid Bioservices Inc

Avid Bioservices was a contract development and manufacturing organization serving U.S. biotech and biopharma companies. It handled process development and manufacturing of biologics under current good manufacturing practice, for both clinical trials and commercial supply.

Services included drug substance production, bulk packaging, release and stability testing, regulatory filing support, upstream and downstream process work, analytical method development, cell line development, and testing and characterization. Formerly Peregrine Pharmaceuticals, it became Avid Bioservices in January 2018.

It was incorporated in 1981 and based in Tustin, California. Its stock was delisted from the Nasdaq in January 2025, with the last trade on January 31, 2025 at $12.48.

Exchange (former)
Nasdaq
Sector
Healthcare
Industry
Biotechnology
Headquarters
Tustin, CA
Employees
371
IPO date
January 8, 2018
Delisted
January 31, 2025
SEC CIK
704562

Avid Bioservices financials before the delisting

The last 5 fiscal years Avid Bioservices reported as a public company, fiscal year ending April.

CDMO revenue and net income

RevenueNet income

CDMO earnings per share

Earnings per share

CDMO annual financials

Avid Bioservices Inc revenue, net income and EPS by fiscal year
Fiscal yearRevenueNet incomeEPS
FY2024$139.91M−$140.8M−$2.17
FY2023$149.27M$560.0K$0.06
FY2022$119.60M$127.7M$0.21
FY2021$95.87M$11.2M$0.04
FY2020$59.70M−$7.3M−$0.28

Net income is GAAP. EPS is adjusted (non-GAAP) EPS, as reported.

Avid Bioservices stock FAQ

What happened to Avid Bioservices stock?

Avid Bioservices was delisted from the Nasdaq in January 2025. The final close was $12.48 on January 31, 2025.

Can I still buy CDMO stock?

No. CDMO is no longer listed on the Nasdaq or any other U.S. exchange; it was removed on January 31, 2025.

What was the last price of CDMO?

CDMO last closed at $12.48 on January 31, 2025, which valued the company at about $798.26M.

How did Avid Bioservices do in its last full fiscal year?

In fiscal 2024, its last full year as a public company, Avid Bioservices reported revenue of $139.91M and net income of −$140.8M.

When did Avid Bioservices go public?

Avid Bioservices shares started trading on January 8, 2018.

CDMO no longer trades, so there is no live quote. The information on this page is for reference only and is not investment advice; see our disclaimer.