| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 108.5MM | +11% |
| Gross Profit | 66.3MM | +7% |
| Cost Of Revenue | 42.2MM | +18% |
| Operating Income | -528K | -115% |
| Operating Expenses | 66.9MM | +14% |
| Net Income | -4.6MM | - |
| R&D | 20MM | +3% |
| G&A | 16MM | -4% |
| Marketing | 25.4MM | +12% |
| Interest Expense | 4.2MM | +13% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Multi-year subscription provides broadcaster with next-generation ingest & playout solution for media production needs RUV headquarters RUV flags at RUV HQ BURLINGTON, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Leading media and entertainment technology provider Avid® has signed a multi-year subscription agreement with Icelandic state broadcaster RÚV to upgrade its server platform to Avid | Stream IO™, Avid’s new ingest and playout solution. Avid | Stream IO will provide RÚV with a software-based
Alpha Metallurgical Resources Inc. (NYSE: AMR) will replace Avid Technology Inc. (NASD: AVID) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 10. Symphony Technology Group acquired Avid Technology in a transaction that was completed today.
BURLINGTON, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Avid Technology, Inc. (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion. The acquisition was previously announced on August 9, 2023, and approved by Avid stockholders on November 2, 2023. Under the terms of the merger agreement, Avid stockholders will receive $27.
Brazilian TV Broadcaster Modernizes with Pro Tools | Carbon, Pro Tools | HDX and Pro Tools | MTRX Studio Record TV Record TV BURLINGTON, Mass., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID) today announced that Record TV, one of Brazil’s leading TV broadcasters, has refitted its audio post-production studios with the Pro Tools | HDX™ and MTRX Studio™ interfaces to edit and mix its most demanding productions. Headquartered in Sao Paulo, Record TV also upgraded eight production studios wi
Media tech leader brings technologies and services to teach essential post production skills to underrepresented L.A. kids aspiring to creative vocations Avid and Roybal Avid and Roybal BURLINGTON, Mass., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID) is continuing its mission to help more people gain skills for successful careers in the entertainment industry as the first technology Founding Partner of the Roybal School of Film and Television Production Fund, which was established by Ge
New iPad app and added capability to Pro Tools desktop software enables musicians to quickly capture new ideas and experiment with arrangements anywhere Avid Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows New iPad app and added capability to Pro Tools desktop software enables musicians to quickly capture new ideas BURLINGTON, Mass., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID) today announced Pro Tools Sketch™, a new non-linear, clip-based creatio
International production labels across 11 countries and part of ITV PLC, which includes the UK’s biggest commercial broadcaster, sign new subscription deal to upgrade editing and storage workflows ITV Studios ITV Studios BURLINGTON, Mass., Sept. 18, 2023 (GLOBE NEWSWIRE) -- ITV Studios, the production and distribution arm of ITV PLC, which includes the UK’s biggest commercial broadcaster, has signed a new subscription deal with Avid® (Nasdaq: AVID) to standardize its media storage and ways of wo
UK’s biggest commercial broadcaster signs subscription deal to modernize news editing, storage and management workflows Avid broadcast TV production environment Avid broadcast TV production environment BURLINGTON, Mass., Sept. 13, 2023 (GLOBE NEWSWIRE) -- ITV has partnered with Avid® (Nasdaq: AVID) to deliver leading edge functionality in its news editing, storage and publishing systems for both ITV Regional News and ITV National News, through a new subscription deal. ITV News is the largest com
Tighter Pro Tools integration with Media Composer and prominent partner tools accelerate production of rich audio experiences for TV and film Avid in audio post Avid's advanced solutions for audio post creation, including Pro Tools, will be demonstrated at IBC2023 in Amsterdam. BURLINGTON, Mass., Sept. 12, 2023 (GLOBE NEWSWIRE) -- This week at the IBC2023 show, audio production professionals working in network television, streaming media and film will be first to see Avid® (Nasdaq: AVID) preview
New product introductions and demonstrations harness artificial intelligence and third-party integrations to accelerate television, film and news production workflows Avid at IBC2023 in Amsterdam Avid at IBC2023 in Amsterdam BURLINGTON, Mass., Sept. 12, 2023 (GLOBE NEWSWIRE) -- This week at the IBC2023 show, Avid® (Nasdaq: AVID) will debut a range of new software products and solutions that empower video and audio media creators in television, film and news with enhanced collaboration and open,