Avid Technology, Inc. (NASDAQ:AVID – Get Rating) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,000,000 shares, a drop of 25.4% from the March 15th total of 1,340,000 shares. Approximately 2.5% of the shares of the stock are short sold. Based on […]
Avid Technology (NASDAQ:AVID – Get Rating) issued an update on its FY 2022 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.400-$1.510 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.520. The company issued revenue guidance of $430 million-$450 million, compared to the consensus […]
Avid announces new hires as it sharpens focus on subscription business – Audio Media International audiomediainternational.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from audiomediainternational.com Daily Mail and Mail on Sunday newspapers.
Posted December 15th, 2020 for Avid Technology
BURLINGTON, Mass, 12/15/2020 Company Also Sharpens Focus on Its Core Business Areas and Commercial Operations as well as Enhancing the Customer Experience, Improving Operating Efficiencies and Driving Business Performance
Avid ® ( Nasdaq: AVID ) today announced it has begun to reshape its executive leadership team to drive the next phase of its strategic growth, including the company’s rapidly expanding subscription software business. The company took a number of steps including hiring top business and technology talent with strong cloud & SaaS expertise, sharpening its focus on its core audio and video business areas, and repositioning customer-facing functions to elevate the company’s go-to-market performance and ensure success for every customer.