Avid Announces Financial Results for Second Quarter 2015

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Dougherty & Co Downgrades Avid Technology (AVID) to Neutral

August 11, 2015 9:29 AM EDT

Dougherty & Co downgraded Avid Technology (NASDAQ: AVID) from Buy to Neutral and removed its price target (prior $18.00). Analyst Steven Frankel noted disappointing Q2 results.

"As Avid has clearly shown, technology turnarounds are never easy and the results can be... More

Avid Technology (AVID) Misses Q2 EPS by 15c

August 10, 2015 4:44 PM EDT

Avid Technology (NASDAQ: AVID) reported Q2 EPS of $0.05, $0.15 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $109.8 million versus the consensus estimate of $124.74 million.

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

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