Avid Technology (AVID) Misses Q2 EPS by 12c
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Avid Technology Announces Q2 2018 Results and Reaffirms Full Year 2018 Guidance
August 9, 2018 4:06 PM EDTSales momentum continues as bookings grow by 12%
Subscription and e-commerce post another quarter of double-digit revenue growth
Company institutes new $20 million non-personnel-related annual cost savings initiative
New operational metrics Recurring Revenue and Annual Contract Value introduced to showcontinuing growth in long-term agreements and software subscription revenues
BURLINGTON, Mass., Aug. 09, 2018 (GLOBE NEWSWIRE) -- Avid®... More
