Avid Technology (AVID) Posts Q4 Loss of 11c/Share

Avid Technology (NASDAQ: AVID) reported Q4 EPS of ($0.11), $0.47 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $140 million versus the consensus estimate of $144.02 million.

GUIDANCE:

Avid Technology sees Q1 2016 revenue of $120-125 million.

Avid Technology sees FY2016 revenue of $500-525 million.

For earnings history and earnings-related data on Avid Technology (AVID) click here.

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