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Avid Technology Inc (AVID.OQ)

AVID.OQ on NASDAQ Stock Exchange Global Select Market

4.83USD
23 Feb 2018
Change (% chg)

$0.01 (+0.21%)
Prev Close
$4.82
Open
$4.84
Day's High
$4.92
Day's Low
$4.82
Volume
25,955
Avg. Vol
109,151
52-wk High
$7.65
52-wk Low
$4.00

Latest Key Developments (Source: Significant Developments)

Avid posts Q3 net income $0.00‍​/shr
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Avid Technology Inc :Avid Technology announces Q3 2017 results and issues Q4 2017 guidance.Q3 revenue $105.3 million versus I/B/E/S view $102.6 million.Avid Technology Inc - qtrly ‍constant currency bookings were $107.9 million​.Avid Technology Inc - sees Q4 2017 bookings (constant currency) in range of $118 million to $132 mln‍​.Avid Technology Inc - sees Q4 2017 revenue in range of $103 million to $113 mln‍​.Avid Technology Inc says qtrly net income per common share - diluted $0.00‍​.  Full Article

Avid enters into multiyear enterprise agreement with Viacom
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Avid Technology Inc :Avid technology - ‍announced multiyear enterprise agreement with viacom to enhance worldwide production infrastructure on avid's mediacentral platform​.  Full Article

Avid Technology announces global patent cross-licensing agreement with Harmonic​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Avid Technology Inc : :Avid Technology Inc - ‍announced a global patent cross-licensing agreement with Harmonic Inc.​.Avid Technology Inc - ‍under terms of settlement, Harmonic will pay $6.0 million to Avid​.Avid Technology Inc - ‍ending patent infringement litigation against Harmonic on a mutually acceptable basis without trial​.  Full Article

Avid Q2 revenue $134.1 mln vs est $110.1 million
Wednesday, 3 Aug 2016 

Avid Technology Inc : Avid announces second quarter 2016 results . Q2 revenue $134.1 million versus i/b/e/s view $110.1 million . Updates full-year guidance; maintains guidance for bookings and for positive adjusted free cash flow . Qtrly gaap net income was $13.0 mln, up $17.0 mln year-over-year .Qtrly bookings were $102.2 mln, up 10.5% quarter-over-quarter.  Full Article

BRIEF-Avid Technology Says On Feb 16, Co Entered Into Standstill Agreement With Cove Street Capital LLC

* AVID TECHNOLOGY SAYS ON FEB 16, CO ENTERED INTO STANDSTILL AGREEMENT WITH COVE STREET CAPITAL LLC - SEC FILING Source text: (http://bit.ly/2CayviH) Further company coverage: