FMP
Avid Technology, Inc.
AVID
NASDAQ
Inactive Equity
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S6 line of complementary control surfaces and consoles; S1 and S4 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners, as well as develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
27.05 USD
0.005 (0.01849%)
Latest AVID News
Market Watch
Oct 4, 2023
From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing
2023 has been a big year for live music, driven by the phenomenal success of Taylor Swift's Eras tour, Beyoncé's Renaissance tour and, last week, U2's eagerly-anticipated opening of new Las Vegas venue Sphere.
Zacks Investment Research
Aug 9, 2023
Avid Technology (AVID) Meets Q2 Earnings Estimates
Avid Technology (AVID) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.26 per share a year ago.
Zacks Investment Research
Aug 9, 2023
Here's What Key Metrics Tell Us About Avid (AVID) Q2 Earnings
Although the revenue and EPS for Avid (AVID) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
GlobeNewsWire
Aug 3, 2023
Avid Technology Announces Conference Call to Discuss Second Quarter 2023 Financial Results
BURLINGTON, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Chief Financial Officer and Executive Vice President, will host a conference call on Wednesday, August 9, 2023, at 5:30 p.m. ET to discuss the company's earnings for the second quarter of 2023, ended June 30, 2023, which will be published after the market ...
Seeking Alpha
Jul 13, 2023
Avid Technology: Supply Chain Delays Continue
The ARRs continue to develop quite well, but EBITDA is being hit by issues on integrated solutions, which is seeing delivery delays. When supply chain bottlenecks there loosen, we'll see more hardware maintenance revenue too and some operating leverage, although the integrated solutions GM is weaker now. Enterprise conversions and wins are driving up per seat revenues, which is helpful, and there are iterations and additions to the Pro Tools product that help drive engagement.
Zacks Investment Research
Jun 9, 2023
Avid (AVID) Improves User Experience With Pro Tools Update
Avid Technology (AVID) unveils its latest pro tools updates with new track widths and expanded immersive mixing workflows, improving the growing pro tools community experience.
The Motley Fool
May 26, 2023
Why Avid Technology Stock Was Blasting Higher This Week
A media report said the video and audio editing software specialist has put itself up for sale. It wasn't clear what price it's aiming to fetch.
Proactive Investors
May 24, 2023
Avid Technology stock climbs on possible company sale
Avid Technology (NASDAQ:AVID) Inc shares jumped 20% to $24.50 on Wednesday following a Reuters report that the video and audio editing software maker has hired Goldman Sachs (NYSE:GS) to explore a potential company sale. According to Reuters, the Burlington, Massachusetts-based company has asked for binding offers from interested parties.
Market Watch
May 24, 2023
Avid Tech stock jumps more than 15% on report of exploring potential sale
Shares of video and audio editing software maker Avid Technology Inc. AVID, +19.15% jumped Wednesday following a report the company has hired Goldman Sachs to explore a potential sale. Avid shares rallied as much as 18% following Reuters' reporting of the matter, citing unnamed sources close to the proceedings.
GlobeNewsWire
May 18, 2023
Avid Technology to Participate in Upcoming Investor Conferences
BURLINGTON, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, its Chief Executive Officer and President, and Ken Gayron, its Executive Vice President and Chief Financial Officer, will be participating in two upcoming investor conferences.
