Avid Technology

Avid Technology, Inc. engages in the provision of technology services for media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.

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Avid Technology reports strong FY 2022 performance and eyes subscription growth

Avid Technology delivered solid financial performance in FY 2022, driven by robust subscription revenue growth and operational efficiency.
The company's strategic initiatives, including Pro Tools Intro and enterprise subscription agreements, position it well for continued growth in 2023.
While facing challenges in hardware business diversification and SaaS migration, Avid Technology remains focused on improving profitability and cash flow.
Opportunities lie in sustained subscription revenue growth, innovation-driven value delivery, and expanding partnerships to drive business expansion.

Avid Technology reports robust Q1 performance, focuses on subscription growth

Avid Technology's Q1 2023 earnings call reflects a resilient performance marked by strong subscription revenue growth, proactive cost-saving measures, and strategic initiatives to drive subscriber expansion. Despite challenges in the audio hardware segment and supply chain constraints, the company remains focused on achieving improved profitability and cash flow in the second half of the year. Avid's long-term growth model targets creative and enterprise subscriptions, aiming for higher gross profit margins and enhanced EBITDA margins over time.

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Avid Technology, Inc. engages in the provision of technology services for the media and entertainment industry. It develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. The company was founded by William J. Warner in September 1987 and is headquartered in Burlington, MA.

Demonstrations highlight Media Composer and Microsoft Teams collaboration, in addition to ingest and playout with MediaCentral Stream and Avid | Edit On Demand Demonstrations highlight Media Composer and Microsoft Teams collaboration, in addition to ingest and playout with MediaCentral Stream and Avid | Edit On Demand

Avid Delivers Tech Previews at NAB Show Promoting the Future of Remote Collaboration in Video Production

Native integration of SRT protocol increases speed and productivity for creative teams Native integration of SRT protocol increases speed and productivity for creative teams

Avid Media Composer Delivers Over-The-Shoulder Collaboration to Film and Broadcast Production Workflows

Multi-year agreement includes newsroom upgrade of Avid's MediaCentral platform and Avid NEXIS storage solution Multi-year agreement includes newsroom upgrade of Avid's MediaCentral platform and Avid NEXIS storage solution

Italy's Largest Public Broadcaster RAI Expands Use of Avid Software and Storage

Zurich-based broadcaster signs multi-year agreement for Avid MediaCentral platform and Media Composer editing tools Zurich-based broadcaster signs multi-year agreement for Avid MediaCentral platform and Media Composer editing tools

Switzerland's National Broadcaster SRF Extends Avid Relationship with Subscription Software to Future-Proof News Production Operations

Nominees and winners across categories relied on Avid creative tools to tell their celebrated stories Nominees and winners across categories relied on Avid creative tools to tell their celebrated stories

Avid Celebrates Its Creative Customers Honored at the Academy Awards

ThinkEDU to collaborate with book publisher Rowman & Littlefield to significantly expand ALA's reach into high schools and engage more students across the US ThinkEDU to collaborate with book publisher Rowman & Littlefield to significantly expand ALA's reach into high schools and engage more students across the US

Avid Learning Academy Partners with ThinkEDU to Inspire the Next Generation of Media Production Talent

Emmy-winning production house modernizes content workflows with Avid's latest editing tools and media storage platform Emmy-winning production house modernizes content workflows with Avid's latest editing tools and media storage platform

Avid and Arab Telemedia Group Enter New Multi-Year Subscription Agreement for Access to the Latest Software Releases

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Paramount Global (PARA) enters into a strategic alliance with Avid Technology to manage and transform the former's video content operations across the globe.

Paramount Global (PARA)-Avid Technology Ink Video Content Deal

Cloud hosted technology solutions provided by Avid optimize edit, storage and collaboration scaling for Paramount production teams globally Cloud hosted technology solutions provided by Avid optimize edit, storage and collaboration scaling for Paramount production teams globally

Paramount Global Utilizes Avid's Managed Cloud to Transform Video Content Production Operations

Companies expand on initial collaboration and momentum in LATAM Companies expand on initial collaboration and momentum in LATAM

Avid Strengthens U.S. Media Market Distribution through Adistec Partnership

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q4 2021 Results - Earnings Call Transcript

Avid (AVID) delivered earnings and revenue surprises of 12.20% and 7.89%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Avid Technology (AVID) Beats Q4 Earnings and Revenue Estimates

$119.1 Million Q4 Revenue and Year-Over-Year Growth of 14.2% in Q4 and 13.7% in FY 2021

Avid Technology Announces Q4 and FY 2021 Results

XXIV Olympic Winter Games Take Place February 2–20, 2022 Across Networks of NBCUniversal

NBC Sports Selects Its Media Production Software and Storage Provider for Its Production of 2022 Olympic & Paralympic Winter Games

BURLINGTON, Mass., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Chief Financial Officer and Executive Vice President, will host a conference call on Tuesday, March 1, 2022, at 5:30 p.m. ET to discuss the company's earnings for the fourth quarter and full-year 2021, ended December 31, 2021, which will be published after the market closes that day.

Avid Technology Announces Conference Call to Discuss Fourth Quarter and Full-Year 2021 Financial Results

Unique innovations enable content creation teams to collaborate without compromise and work from anywhere with Avid's proven, industry-leading workflows Unique innovations enable content creation teams to collaborate without compromise and work from anywhere with Avid's proven, industry-leading workflows

Avid Unveils Avid NEXIS | EDGE to Power Post Production Workflows from Anywhere

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Royce's Firm Closes Out 2021 With Portfolio Adjustments

BURLINGTON, Mass., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced that its executive management will participate in an investor conference during January 2022.

Avid Technology to Participate in the 24th Annual Needham Virtual Growth Conference

New program gifts video and audio creation technologies and training to high-performing learning initiatives; call for 2022 applications open through February 15 New program gifts video and audio creation technologies and training to high-performing learning initiatives; call for 2022 applications open through February 15

Avid Learning Collective Awards Six Educational Organizations for Advancing Diversity, Equity and Inclusion through Media Creation

Growing adoption of Avid's SaaS offering highlights benefits of remote workflows to keep post production teams in motion Growing adoption of Avid's SaaS offering highlights benefits of remote workflows to keep post production teams in motion

Media Production Firms Black Spot and Luminosity Entertainment Go Remote with Avid | Edit On Demand Cloud Video Editing Solution

Adobe Photoshop and Adobe After Effects Users Can Collaborate Seamlessly in Avid's Open MediaCentral Production Environments Adobe Photoshop and Adobe After Effects Users Can Collaborate Seamlessly in Avid's Open MediaCentral Production Environments

New Capabilities in Avid MediaCentral Bring Graphic Designers into Broadcast TV and Production Workflows

Avid Technology reported its Q3 results which beat expectations highlighted by strong trends in subscriber growth. The company is benefiting from increased global spending towards media content produced on its market-leading software.

Avid Technology: Bullish On Climbing Demand For Digital Media Production

Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q3 2021 Results - Earnings Call Transcript

Avid (AVID) delivered earnings and revenue surprises of 12.50% and 4.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Avid Technology Stock (AVID)