Avid Technology (AVID) Tops Q1 EPS by 7c

Avid Technology (NASDAQ: AVID) reported Q1 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $103.3 million versus the consensus estimate of $100.78 million.

GUIDANCE:

Avid Technology sees Q2 2019 revenue of $97-105 million, versus the consensus of $102 million.

Avid Technology sees FY2019 revenue of $420-430 million, versus the consensus of $424.22 million.

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

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