Avid Technology

Avid Technology, Inc. engages in the provision of technology services for media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q1 2024

Avid Technologies Reports Strong Q1 Performance Despite Audio Hardware Challenges

Avid Technologies experienced strong subscription ARR growth, but faced challenges in audio hardware impacting profitability. The company reaffirmed its annual guidance for fiscal year '23 and aims to achieve higher revenue by overperforming on Pro Tools and MediaCentral subscriptions. Despite potential headwinds from a writer strike, the company is confident in its long-term growth strategy and is focused on driving subscriber growth and improving margins.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Avid Technology, Inc. engages in the provision of technology services for the media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.

Collaborating with Haivision and Microsoft, Avid breaks new ground by enabling news and sports broadcasters to easily ingest from SRT Hub for cloud-based production workflows

Avid to Present Technology Preview of SRT and Haivision SRT Hub in Production Workflows at IBC2019

BURLINGTON, Mass., Aug.  26, 2019  (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), the leading technology provider that powers the media and entertainment industry, announced today that Ken Gayron, its Executive Vice President and Chief Financial Officer, will participate in two investor conferences in September.

Avid Technology Announces Participation in Upcoming Investor Conferences

Second-quarter earnings results fell short of expectations.

Why Avid Technology Stock Plunged Today

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q2 2019 Results - Earnings Call Transcript

Avid (AVID) delivered earnings and revenue surprises of -50.00% and -2.61%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Avid Technology (AVID) Q2 Earnings and Revenues Lag Estimates

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q1 2019 Results - Earnings Call Transcript

Avid (AVID) delivered earnings and revenue surprises of 57.14% and 1.90%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Avid Technology (AVID) Q1 Earnings and Revenues Beat Estimates

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Avid Technology (AVID) Right Now?

Avid Technology (AVID) closed at $7.63 in the latest trading session, marking a -1.29% move from the prior day.

Avid Technology (AVID) Dips More Than Broader Markets: What You Should Know

Is  (AVID) Outperforming Other Computer and Technology Stocks This Year?

Has Avid Technology (AVID) Outpaced Other Computer and Technology Stocks This Year?

Avid Technology (AVID) closed the most recent trading day at $8.68, moving +0.7% from the previous trading session.

Avid Technology (AVID) Stock Moves 0.7%: What You Should Know

Is Avid Technology (AVID) Outperforming Other Computer and Technology Stocks This Year?

Should Value Investors Buy Avid Technology (AVID) Stock?

The provider of multimedia technology reported fourth-quarter earnings and issued strong guidance for 2019.

Why Avid Technology Shares Skyrocketed Today

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q4 2018 Results - Earnings Call Transcript

News for Avid Technology Stock (AVID)