Avid Technology (AVID) Sees FY19 Revenue of $420 - $430 Million

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Get Alerts AVID Hot Sheet

Price: $27.04 --0%

Financial Fact:
General and administrative: 13.82M

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Avid (NASDAQ: AVID), the leading technology provider that powers the media and entertainment industry, today issued its full-year 2019 guidance during its 2018 Investor Day.


	(in $ millions)	Full Year 2019

Revenue		$420 - $430
Adjusted EBITDA		$60 - $65
Free Cash Flow		$12 - $17

All guidance presented by the Company is inherently uncertain and subject to numerous risks and uncertainties. Avid’s actual future results of operations could differ materially from those shown in the table above. For a discussion of some of the key assumptions underlying the guidance, as well as the key risks and uncertainties associated with these forward-looking statements, please see “Forward-Looking Statements” below.

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