Avid Technology (AVID) Q3 Revenue Tops Estimates

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Avid Technology Announces Q3 2017 Results and Issues Q4 2017 Guidance

November 9, 2017 4:05 PM EST

Revenue and bookings exceed guidance, met guidance on all other key metrics

Strong improvement in adjusted EBITDA drives fourth consecutive quarter of positive adjusted free cash flow

Financial performance fueled by achieving key strategic growth objectives including subscription, digital and enterprise agreements

BURLINGTON, Mass., Nov. 09, 2017 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID) today announced its third quarter 2017 financial... More