Avid Technology, Inc. (AVID)
|Net Income (ttm)||45.20M|
|Day's Range||26.56 - 28.6|
|52-Week Range||20.83 - 37.31|
|Price Target||35.02 (+30.6%)|
|Earnings Date||Nov 8, 2022|
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 Me... [Read more]
In 2021, AVID's revenue was $409.94 million, an increase of 13.73% compared to the previous year's $360.47 million. Earnings were $41.39 million, an increase of 274.15%.Financial Statements
According to 12 analysts, the average rating for AVID stock is "Buy." The 12-month stock price forecast is 35.02, which is an increase of 30.62% from the latest price.
Denmark's Regional Broadcaster TV MIDTVEST Extends Strategic Engagement with Avid through MediaCentral | Flex Subscri...
Jylland-based broadcaster signs multi-year agreement for Media Composer Enterprise and MediaCentral platform including MediaCentral | Collaborate Jylland-based broadcaster signs multi-year agreement for...
Sanders' 25-year career focus on services spans global-scale IT, security and networking businesses with deep experience in service delivery transformation Sanders' 25-year career focus on services span...
Avid Outlines Official Product Support and Self-Help Resources to Help Users Avoid Imposter Activity on Twitter
BURLINGTON, Mass., Nov. 12, 2022 (GLOBE NEWSWIRE) -- Today Avid ® (Nasdaq: AVID) issued a reminder for all customers around the world about every means by which they may easily obtain product support an...
Avid (AVID) delivered earnings and revenue surprises of 18.75% and 2.25%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Subscription Revenue of $41.8M, an Increase of 49.2% Year-Over-Year, Driven by All-Time Record 32,600 Net Increase in Paid Subscriptions in the Quarter
Avid Unveils Further Innovation for Music Creation with Sonically Exceptional Pro Tools | Carbon Pre Audio Interface
Avid Pro Tools | Carbon Pre debuts at AES Show 2022 delivering pristine 32-bit AD/DA conversion to capture maximum dynamic range Avid Pro Tools | Carbon Pre debuts at AES Show 2022 delivering pristine 3...
Avid Celebrates the Return of Its Immensely Popular MBOX Desktop Interface to Enable Professional-Quality Music and A...
New generation MBOX Studio powered by Pro Tools ensures exceptional vocal and instrument sounds for music creation, podcasting, and streaming New generation MBOX Studio powered by Pro Tools ensures exce...
Avid Technology Announces Amended Credit Facility Which Provides Incremental Flexibility to Support its Strategy and ...
Facility increases unfunded revolver availability by approximately $70 million on favorable terms, with no change to pricing and immaterial change to total funded debt Facility increases unfunded revolv...
AVID launches Pro Tools Intro, which is expected to continue boosting subscription revenue growth in the coming quarters.
New introductory free version aimed to capture aspiring music creators and further build the rapidly expanding Pro Tools ecosystem New introductory free version aimed to capture aspiring music creators ...
Avid Technology (AVID) launches its latest Pro Tools release to provide music creators of every skill level with new workflows.
Avid's Newest Pro Tools Software Release Propels Music Creativity and Productivity to New Heights for All Users
Seamless ARA 2 integration among latest innovations available now across all editions of the award-winning digital audio workstation Seamless ARA 2 integration among latest innovations available now acr...
AVID launches next-gen Maestro, a new subscription-based software solution for real-time broadcast television graphics.
Next Gen Maestro software supports existing graphics workflows and future proofs for the cloud Next Gen Maestro software supports existing graphics workflows and future proofs for the cloud
Avid (AVID) announces that its Avid Learning Academy (ALA) program has transitioned to Pro Tools Artist to help budding music creators develop music.
K-12 education program puts powerful Pro Tools subscription into the hands of aspiring music creators and producers for free K-12 education program puts powerful Pro Tools subscription into the hands of...
Avid Hires New Leader for Audio & Music Solutions to Accelerate Subscription Business and Music Market Expansion
Avid welcomes music and media tech executive David Toomey as SVP & General Manager of Audio & Music Solutions Avid welcomes music and media tech executive David Toomey as SVP & General Manager of Audio ...
Avid Accelerates Collaboration and Content Production for Atresmedia with Media Composer and MediaCentral Subscriptions
Spanish media conglomerate accelerates multi-platform content creation with increased access to a new content management platform and editing tools Spanish media conglomerate accelerates multi-platform ...
Key technology providers show progress toward enhancing and expanding remote working and team collaboration for the media industry Key technology providers show progress toward enhancing and expanding r...
Avid Demonstrates the Future of Collaborative, Distributed Workflows for Post Production and TV News at IBC2022 Show
Avid's customer-driven innovation extends content creation workflows, enabling unprecedented efficiency and collaboration from anywhere with cloud-enabled solutions
Avid (AVID) delivered earnings and revenue surprises of 4% and 1.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Subscription Revenue of $34.1M, an Increase of 58.7% Year-Over-Year, Driven by Increase of Cloud-Enabled Software Subscriptions to Over 450,300
Amazon Studios Teams Up with Avid Technology to Deliver Advanced Production Editorial in the AWS Cloud
Companies announce a three-year agreement to enable Amazon Studios' use of Avid's Media Composer editing tool, NEXIS storage and MediaCentral platform on Amazon Web Services (AWS) Companies announce a t...
SRT support ensures high-quality, secure streams directly from Media Composer for accelerated content review and approval SRT support ensures high-quality, secure streams directly from Media Composer fo...