Avid Technology Announces Q3 2022 Results

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Avid Technology (AVID) Tops Q3 EPS by 6c; Guides Lower

November 8, 2022 4:59 PM EST

Avid Technology (NASDAQ: AVID) reported Q3 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $102.99 million versus the consensus estimate of $106.12 million.

GUIDANCE:

Avid Technology sees FY2022 EPS of $1.40-$1.50, versus the consensus of... More