AVID(Delisted)
Avid Technology·NASDAQ
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About AVID
Avid Technology, Inc.
A leading technology provider that powers the media and entertainment industry
75 Network Drive, Burlington, Massachusetts 01803
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Founded in 1987 in Delaware, Avid Technology, Inc., provides an open, integrated, comprehensive technology platform, as well as applications and services that enable the creation, distribution and monetization of audio and video content. Specifically, the company develops, markets, sells and supports software and hardware for digital media content production, management, protection of content storage and distribution. Digital media are video, audio or graphic elements in which images, sounds or images are recorded and stored as digital values, relative to analog or tape-based signals. The Company's products are primarily used in production and post-production facilities; film studio; network, subsidiary, independent and cable television stations; recording studio; live acoustic performance venue; advertising agency; government and educational institutions; corporate communications sector; and through independent video and audio creative professionals, as well as aspiring professionals and enthusiasts.
Company Financials
EPS
AVID has released its 2023 Q2 earnings. EPS was reported at 0.22, versus the expected 0.21, beating expectations. The chart below visualizes how AVID has performed over recent quarters, highlighting trends in earnings surprises.
Revenue & Expenses
AVID has released its 2023 Q3 earnings report, with revenue of 91.01M, reflecting a YoY change of -11.63%, and net profit of -7.33M, showing a YoY change of -161.00%. The Sankey diagram below clearly presents AVID's revenue sources and cost distribution.
Forecast
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