Avid Tech (AVID) Offers Q1 Guidance Well Below the Street

April 11, 2012 4:06 PM EDT
Avid Technology (Nasdaq: AVID) cuts Q1 outlook: sales of about $152 million, which compares to the Street estimate of $ million, and an adjusted operating loss of about $8 million. The Street is currently expecting Q1 sales of $161.08 million and a per share gain of 3 cents.


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