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.

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Avid Technology reports strong FY 2022 performance and eyes subscription growth

Avid Technology delivered solid financial performance in FY 2022, driven by robust subscription revenue growth and operational efficiency.
The company's strategic initiatives, including Pro Tools Intro and enterprise subscription agreements, position it well for continued growth in 2023.
While facing challenges in hardware business diversification and SaaS migration, Avid Technology remains focused on improving profitability and cash flow.
Opportunities lie in sustained subscription revenue growth, innovation-driven value delivery, and expanding partnerships to drive business expansion.

Avid Technology reports robust Q1 performance, focuses on subscription growth

Avid Technology's Q1 2023 earnings call reflects a resilient performance marked by strong subscription revenue growth, proactive cost-saving measures, and strategic initiatives to drive subscriber expansion. Despite challenges in the audio hardware segment and supply chain constraints, the company remains focused on achieving improved profitability and cash flow in the second half of the year. Avid's long-term growth model targets creative and enterprise subscriptions, aiming for higher gross profit margins and enhanced EBITDA margins over time.

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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.

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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)