Avid Technology Announces Q4 and Full Year 2019 Results

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Avid Technology (AVID) Misses Q4 EPS by 2c, Offers Guidance

March 9, 2020 4:07 PM EDT

Avid Technology (NASDAQ: AVID) reported Q4 EPS of $0.28, $0.02 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $116.3 million versus the consensus estimate of $111.85 million.

GUIDANCE:

Avid Technology sees Q1 2020 revenue of $95-105 million, versus the consensus... More