Avid Technology (AVID) Tops Q2 EPS by 1c; Offers FY22 Guidance

Avid Technology (NASDAQ: AVID) reported Q2 EPS of $0.26, $0.01 better than the analyst estimate of $0.25. Revenue for the quarter came in at $97.7 million versus the consensus estimate of $96.47 million.

GUIDANCE:

Avid Technology sees FY2022 EPS of $1.37-$1.53, versus the consensus of $1.43. Avid Technology sees FY2022 revenue of $425-455 million, versus the consensus of $436 million.

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

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