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 Q1 2020

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Earnings data Q3 2024

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.

68% Year-Over-Year Subscription Revenue Growth Driven by Continued Increase in Paid Subscriptions with Net Increase of 24,000 Subscriptions in the Quarter

Avid Technology Announces Q2 2020 Results

On Monday, August 03, Avid Technology (NASDAQ: AVID) will report its last quarter's earnings.

Earnings Preview: Avid Technology

Avid Technology: Value Play In Tech Has Risks

Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Avid Technology (AVID) Q2 Earnings Expected to Decline

BURLINGTON, Mass., July  20, 2020  (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Executive Vice President and Chief Financial Officer, will host a conference call on Monday, August 3, 2020, at 5:30 p.m. ET to discuss the company's financial results for the second quarter of 2020, which will be published after the market close that day.

Avid Technology Announces Conference Call to Discuss Second Quarter 2020 Financial Results

Avid Technology (AVID) closed at $7.24 in the latest trading session, marking a -0.41% move from the prior day.

Avid Technology (AVID) Stock Sinks As Market Gains: What You Should Know

Avid Technology (AVID) closed at $7.18 in the latest trading session, marking a +1.27% move from the prior day.

Avid Technology (AVID) Gains As Market Dips: What You Should Know

Investors were inspired by Impactive Capital's vote of confidence.

Avid Technology Stock Rises After an Activist Investor Ups Its Stake

Avid Technology, Inc. (NASDAQ: AVID) shares are trading higher on Tuesday. Northland Capital Markets initiated coverage on the stock with an Outperform rating and announced a price target of $14.

Why Avid Technology's Stock Is Trading Higher Today

Avid-powered storage and graphics toolkit enables one of Europe’s biggest broadcasters to quickly adapt and deliver creativity as part of technology overhaul

ITV Studios Daytime Transforms Workflows with Avid Solutions

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q1 2020 Results - Earnings Call Transcript

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Avid Technology (AVID) Q1 results likely to reflect higher recurring revenues, driven by subscriptions revenue growth, partially offset by lower non-recurring revenues due to Covid-19-led lockdown.

Avid Technology (AVID) to Post Q1 Earnings: What's in Store?

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Avid Announces New Five-Year Agreement with Microsoft Azure to Bring More Media Companies to the Cloud

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Avid’s freemium strategy attracting whole new generation of content creators to paid subscriptions for the same tools used by the world’s most celebrated professionals Avid’s freemium strategy attracting whole new generation of content creators to paid subscriptions for the same tools used by the world’s most celebrated professionals

Video and Music Makers Download Over Two Million Free Copies of Avid Creative Tools

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Bull of the Day: Avid Technology (AVID)

In the latest trading session, Avid Technology (AVID) closed at $6.07, marking a +0.33% move from the previous day.

Avid Technology (AVID) Gains But Lags Market: What You Should Know

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Expects to report record growth in new paid subscriptions in first quarter, resulting in improving subscription and maintenance revenue

News for Avid Technology Stock (AVID)