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NASDAQ:AVID

Avid Technology (AVID) Stock Price, News & Analysis

Avid Technology logo

About Avid Technology Stock (NASDAQ:AVID)

Key Stats

Today's Range
$27.04
$27.04
50-Day Range
$26.84
$27.04
52-Week Range
$19.78
$33.41
Volume
N/A
Average Volume
483,812 shs
Market Capitalization
$1.19 billion
P/E Ratio
37.04
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 in the United States and internationally. 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; S1 and dock line audio control surface; S4 and S6 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. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.

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AVID Stock News Headlines

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AVID Stock Analysis - Frequently Asked Questions

Avid Technology, Inc. (NASDAQ:AVID) announced its quarterly earnings data on Tuesday, November, 9th. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The technology company had revenue of $101.64 million for the quarter, compared to analysts' expectations of $96.98 million. Avid Technology had a negative trailing twelve-month return on equity of 27.20% and a net margin of 7.59%.

Avid Technology subsidiaries include Orad Hi-Tech Systems, Rocket Network, Euphonix, Blue Order Solutions, Maximum Throughput, Sibelius, Sundance Digital, and others.

Based on aggregate information from My MarketBeat watchlists, some other companies that Avid Technology investors own include NVIDIA (NVDA), Meta Platforms (META), PayPal (PYPL), Micron Technology (MU), Tesla (TSLA), Advanced Micro Devices (AMD) and Alibaba Group (BABA).

Company Calendar

Last Earnings
11/09/2021
Today
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Hardware
Current Symbol
NASDAQ:AVID
CUSIP
05367P10
Employees
1,485
Year Founded
1987

Profitability

Net Income
$55.24 million
Pretax Margin
4.87%

Debt

Sales & Book Value

Annual Sales
$417.41 million
Cash Flow
$1.26 per share
Book Value
($2.72) per share

Miscellaneous

Free Float
40,955,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:AVID) was last updated on 11/23/2024 by MarketBeat.com Staff
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