Avid Technology (AVID) Reports Q4 EPS of 13c

March 23, 2017 6:40 AM EDT
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Price: $27.04 --0%

Financial Fact:
Operating loss: 8.5M

Today's EPS Names:
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Avid Technology (NASDAQ: AVID) reported Q4 EPS of $0.13, $0.24 better than last year. Revenue for the quarter came in at $115.3 million, versus $138.8 million reported last year.

GUIDANCE:

Avid Technology sees Q1 2017 revenue of $100-110 million.

Avid Technology sees FY2017 revenue of $405-435 million.

(in $ millions)Q1 2017Full Year 2017
Bookings (Constant Currency)$162-$176
Bookings$154-$168
Revenue$100-$110$405-$435
Non-GAAP Operating Expenses$54-$58$205-$220
Adjusted EBITDA$8-$14$45-$55
Adjusted Free Cash Flow($2)-$6$7-$20

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



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