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AVID / Avid Technology: Supply Chain Delays Continue

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. Read More
Posted: Jul 13 2023, 21:03
Author Name: Seeking Alpha
Views: 092069

AVID News  

From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing

By Market Watch
October 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' more_horizontal

Avid Technology (AVID) Meets Q2 Earnings Estimates

By Zacks Investment Research
August 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 more_horizontal

Here's What Key Metrics Tell Us About Avid (AVID) Q2 Earnings

By Zacks Investment Research
August 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 more_horizontal

Avid Technology Announces Conference Call to Discuss Second Quarter 2023 Financial Results

By GlobeNewsWire
August 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 ind more_horizontal

Avid Technology: Supply Chain Delays Continue

By Seeking Alpha
July 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 more_horizontal

Avid (AVID) Improves User Experience With Pro Tools Update

By Zacks Investment Research
June 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 t more_horizontal

Why Avid Technology Stock Was Blasting Higher This Week

By 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. more_horizontal

Avid Technology stock climbs on possible company sale

By 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 more_horizontal


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