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Financial Snapshot

Revenue
TTM
$413.5M
Gross Margin
TTM
63.13%
Net Income
TTM
$12.95M
Current Assets
2023 Q3
Current Liabilities
2023 Q3
Current Ratio
2023 Q3
107.36%
Total Assets
2023 Q3
Total Liabilities
2023 Q3
Book Value
2023 Q3
-$123.2M
Cash
2023 Q3
P/E
TTM
91.97
Free Cash Flow
TTM
-$7.913M

Stock Price

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Market Cap: $1.1909 Billion

About AVID TECHNOLOGY, INC.

Avid Technology, Inc. engages in the provision of technology services for the media and entertainment industry. The company is headquartered in Burlington, Massachusetts and currently employs 1,485 full-time employees. The firm develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. The company provides an open platform for digital media, along with a set of software tools and workflow solutions. Its solutions are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communications departments; and by independent video and audio creative professionals, as well as aspiring professionals. Its Creative Software Solutions includes its Media Composer, Pro Tools, and Sibelius tools, as well as Avid Link. Its Enterprise Software Solutions are built on the MediaCentral platform along with a suite of applications, modules, and services.

Industry: Services-Prepackaged Software Peers: Apple Inc 3D Systems Corp GPGI Inc Corsair Gaming Inc IONQ Inc Eastman Kodak Co Stratasys Ltd Super Micro Computer Inc Xerox Holdings Corp

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