AVID TECHNOLOGY, INC. Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018
Net revenues:
Services
Total net revenues
Products
Subscription services
Maintenance services
Service
Total products

Cost of revenues:
Services
Products
Subscription services
Maintenance services
Service
Total products

Amortization of intangible assets
Amortization of intangible assets
Total amortization of intangible assets

Total cost of revenues
Gross Profit, Total

Operating expenses:
Research and development
Marketing and selling
General and administrative
Amortization of intangible assets
Restructuring costs, net
Total operating expenses
Operating income
Interest income
Interest expense
Other income (expense), net
(Loss) income before income taxes
Provision for (benefit from) income taxes
Net (loss) income
Earnings Per Share, Basic
Earnings Per Share, Diluted
Weighted-average common shares outstanding - basic
Weighted-average common shares outstanding - diluted

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