Avid Technology (AVID) Misses Q2 EPS by 12c

Avid Technology (NASDAQ: AVID) reported Q2 EPS of ($0.20), $0.12 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $98.6 million versus the consensus estimate of $98.27 million.

GUIDANCE:

Avid Technology reaffirms FY 2018 revenue of $410-420 million, versus the consensus of $409.9 million.

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

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