Reuters
2022.08.03 05:44

Avid Technology Announces Q2 2022 Results

Aug 2 (Reuters) - Avid Technology Inc:

Aug 2 (Reuters) - Avid Technology Inc (AVID.O) :

  • AVID TECHNOLOGY ANNOUNCES Q2 2022 RESULTS

  • Q2 REVENUE ROSE 3 PERCENT TO $97.7 MILLION

  • QTRLY NON-GAAP EARNINGS PER SHARE OF $0.26

  • Q2 NET INCOME PER COMMON SHARE WAS $0.16

  • SEES FY22 REVENUE $425 MILLION - $455 MILLION

  • SEES Q3 REVENUE $100 MILLION- $112 MILLION

  • SEES FY22 NON-GAAP EARNINGS PER SHARE $1.37 - $1.53

  • SEES Q3 NON-GAAP EARNINGS PER SHARE $0.27 - $0.39

  • Q2 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $96.5 MILLION – REFINITIV IBES DATA

  • FY2022 EARNINGS PER SHARE VIEW $1.44, REVENUE VIEW $436.2 MILLION – REFINITIV IBES DATA

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