Avid Technology, Inc. logo

AVID

Avid Technology, Inc.

$27.04

Earnings Summary

Revenue
$108.54Mn
Net Profits
$-4.6Mn
Net Profit Margins
-4.23%

Highlights

Revenue:

Avid Technology, Inc.’s revenue jumped 11.12% since last year same period to $108.54Mn in the Q2 2023. On a quarterly growth basis, Avid Technology, Inc. has generated 10.97% jump in its revenue since last 3-months.

Net Profits:

Avid Technology, Inc.’s net profit fell -162.34% since last year same period to $-4.6Mn in the Q2 2023. On a quarterly growth basis, Avid Technology, Inc. has generated -1106.3% fall in its net profits since last 3-months.

Net Profit Margins:

Avid Technology, Inc.’s net profit margin fell -156.1% since last year same period to -4.23% in the Q2 2023. On a quarterly growth basis, Avid Technology, Inc. has generated -987.04% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Avid Technology, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.67
EPS Estimate Current Year
0.67

Highlights

EPS Estimate Current Quarter:

Avid Technology, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.67 - a 26.74% jump from last quarter’s estimates.

EPS Estimate Current Year:

Avid Technology, Inc.’s earning per share (EPS) estimates for the current year stand at 0.67.

Key Ratios

Key ratios of the Avid Technology, Inc. post its Q2 2023 earnings

Earning Per Share (EPS)
0.22

Highlights

Earning Per Share (EPS):

Avid Technology, Inc.’s earning per share (EPS) fell -15.38% since last year same period to 0.22 in the Q2 2023. This indicates that the Avid Technology, Inc. has generated -15.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-08-09
0.21
0.22
4.76%
2023-05-04
0.25
0.15
-40%