Avid Technology, Inc. (AVID)
| Market Cap | 1.35B |
| Revenue (ttm) | 368.38M |
| Net Income (ttm) | 21.31M |
| Shares Out | 44.56M |
| EPS (ttm) | 0.48 |
| PE Ratio | 62.38 |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 7 |
| Last Price | $29.94 |
| Previous Close | $27.59 |
| Change ($) | 2.35 |
| Change (%) | 8.52% |
| Day's Open | 27.26 |
| Day's Range | 27.16 - 30.29 |
| Day's Volume | 1,679,245 |
| 52-Week Range | 4.67 - 30.29 |
Avid (AVID) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the n...
The maker of creative production tools is shifting to subscription-based sales at a time of rising customer interest.
Avid (AVID) delivered earnings and revenue surprises of 40.00% and 3.88%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
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.
Avid Technology Inc (NASDAQ: AVID) partnered with LiveU to enable the ingestion of IP streams for television news and remote live TV production in Avid's MediaCentral platform. LiveU was the inventor an...
LiveU's live streaming solutions and MediaCentral | Stream simplify IP contribution from remote locations into the MediaCentral platform LiveU's live streaming solutions and MediaCentral | Stream simpli...
Avid's partner launches QPlay Avid solutions for dedicated product delivery and support to TV, film and audio clients Avid's partner launches QPlay Avid solutions for dedicated product delivery and supp...
Avid and Publisher Rowman & Littlefield Enable High School Certification in Digital Media Production During 2021-22 School Year Avid and Publisher Rowman & Littlefield Enable High School Certification i...
Avid (AVID) delivered earnings and revenue surprises of 3.13% and -0.80%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Avid Technology (NASDAQ:AVID) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 17.86% over the past year to $0.33, which bea...
15.3% Sequential Revenue Growth in the Fourth Quarter as End Markets Continue to Recover from COVID-19 Downturn
Production companies, post houses and broadcasters can select and configure resources and start working from anywhere on the same day Production companies, post houses and broadcasters can select and co...
Is (AVID) Outperforming Other Computer and Technology Stocks This Year?
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.
Companies enter into multi-year strategic partnership; In-country expertise to advance collaboration with creatives in film, TV and audio Companies enter into multi-year strategic partnership; In-countr...
Company delivers biggest Avid VENUE update since the introduction of the Avid VENUE | S6L live sound system; Three system I/O sharing and pioneering Milan network connectivity highlight key new features...
Avid storage and asset management solutions will enable the PBS television station to streamline Adobe Premiere Pro-based editorial workflows Avid storage and asset management solutions will enable the ...
Success of Avid's freemium software offering continues to accelerate with record influx of aspiring content creators obtaining free entry-level First versions of the same tools used by celebrated music,...
Partnership unlocks the power of IP contribution from anywhere with the MediaCentral platform Partnership unlocks the power of IP contribution from anywhere with the MediaCentral platform
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Intel and BioMarin.
New solution provides simple, reliable and secure contribution from IP streams into Avid's MediaCentral platform for fast turnaround workflows New solution provides simple, reliable and secure contribut...
Avid (AVID) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
BURLINGTON, Mass., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Avid ® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that it has entered into a new...
BURLINGTON, Mass., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, its Chief Exe...
The turnaround at Avid Technology is gathering pace even in the face of pandemic headwinds that reduced revenue. The increase in subscription service, margin expansion, cost decline and strong free cash...
These are the video game stocks with the best value, fastest growth, and most momentum for Q1 2021.
In the spirit of listening to the voice of customers Avid engages its media technology user community to shape future innovation In the spirit of listening to the voice of customers Avid engages its med...
Avid brings powerful HDX DSP technology to individual artists, bands and producers for the fastest, smoothest and most inspiring recording experience Avid brings powerful HDX DSP technology to individua...
MediaCentral | Collaborate and MediaCentral | Reporter apps and new NRCS integration accelerate end-to-end workflows for news, sports and post production teams MediaCentral | Collaborate and MediaCentra...
Selecting breakout stocks continues to be one of the most popular methods utilized by active investors. This technique seeks to identify those stocks whose prices are varying within a specific band.
The tech provider is seeing a demand turnaround, although sales were still down.
Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q3 2020 Results - Earnings Call Transcript
Avid (AVID) delivered earnings and revenue surprises of 80.00% and 8.45%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
14 .1 % Sequential Revenue Growth as End Markets Begin to Recover from COVID-19 Downturn
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.
BURLINGTON, Mass., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica, Chief Executi...
Avid (AVID) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Editors Can Now Easily Access Avid Asset Management and Storage within Their Adobe Premiere Pro Workflows; Avid to Unveil Details with Adobe During All-Access Launch Event for the Creative Community on ...
In Conjunction with Avid Reseller MelroseMAC, QSR Systems Enhances Its Capacity to Support Film and Broadcast Content Creators as Their Workflows Evolve
The company faces a long recovery after the COVID-19 pandemic shut down the live entertainment industry.
BURLINGTON, Mass., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its executive management...
Avid NEXIS 2020 propels storage reliability, openness and cost-efficiency while better enabling content creators to work from anywhere and keep pace with growing content demands Avid NEXIS 2020 propels ...
Digital transformation has boosted spending on computer software, with these five stocks set to rally
Avid (AVID) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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 v...
Does Avid Technology (AVID) have what it takes to be a top stock pick for momentum investors? Let's find out.
Avid Technology is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Avid Turnaround Has Considerably Further To Run
New Strategic Purchasing Agreement Makes All Avid Audio and Video Solutions Available to Diversified’s Clients through a Single Source New Strategic Purchasing Agreement Makes All Avid Audio and Video S...
While revenue took a tumble, the bottom line soared thanks to cost cuts.
About AVID
Avid Technology, Inc. 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 su... [Read more...]
| Industry Electronic Gaming & Multimedia | IPO Date Mar 11, 1993 |
| CEO Jeff Rosica | Employees 1,362 |
| Stock Exchange NASDAQ | Ticker Symbol AVID |
Financial Performance
In 2020, AVID's revenue was $360.47 million, a decrease of -12.46% compared to the previous year's $411.79 million. Earnings were $11.06 million, an increase of 45.53%.
Analyst Forecasts
According to 5 analysts, the average rating for AVID stock is "Buy." The 12-month stock price forecast is 29.50, which is a decrease of -1.47% from the latest price.