Avid Announces Third Quarter 2016 Results
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Avid Technology (AVID) Misses Q3 EPS by 19c; Guides Below
November 9, 2016 6:09 PM ESTAvid Technology (NASDAQ: AVID) is down 16.6% after-hours after the company reported Q3 EPS of $0.23, $0.19 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $119 million versus the consensus estimate of $130.62 million.
GUIDANCE:
Avid Technology sees FY2016 revenue of... More
