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Avid Technology Q2 Adj $0.22 Beats $0.21 Estimate, Sales $108.54M Beat $103.45M Estimate

Author: Benzinga Newsdesk | August 09, 2023 04:58pm
Avid Technology (NASDAQ:AVID) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.21 by 4.76 percent. This is a 15.38 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $108.54 million which beat the analyst consensus estimate of $103.45 million by 4.92 percent. This is a 11.12 percent increase over sales of $97.68 million the same period last year.

Posted In: AVID


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