Avid Technology (AVID) Q3 Revenue Tops Estimates

Avid Technology (NASDAQ: AVID) reported Q3 EPS of $0.00, $0.06 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $105.3 million versus the consensus estimate of $102.56 million.

• Adjusted EBITDA was $11.5 million, in line with guidance.

GUIDANCE:

Avid Technology sees Q4 2017 revenue of $103-113 million.

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

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