AVID Stock Recent News

Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avid (AVID) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Avid recently reported its Q1 2022 earnings and the stock plummeted 20%. Guidance for the next quarter slightly missed estimate but management re-affirmed full year guidance.

The company warned of uneven operating results in the near term due to supply chain disruptions.

Avid Technology, Inc. (NASDAQ:AVID ) Q1 2022 Earnings Conference Call May 4, 2022 5:30 PM ET Company Participants Whit Rappole - Vice President-Corporate Development & Investor Relations Jeff Rosica - Chief Executive Officer & President Ken Gayron - Executive Vice President & Chief Financial Officer Conference Call Participants Nehal Chokshi - Northland Securities Samad Samana - Jefferies Jack Vander Aarde - Maxim Group Josh Nichols - B. Riley Securities Whit Rappole Good afternoon, ladies and gentlemen and welcome to Avid Technology's First Quarter 2022 Earnings Conference Call for the period ended March 31, 2022.

Avid (AVID) delivered earnings and revenue surprises of -2.94% and 2.35%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?