The Latest Breaking News from AVID

Recent hype illustrates the promise and peril

The Sinclair news tech vice president says the cloud, 5G test is intended to speed up news production

Avid hopes its new Media Composer for Students program will help prepare students for careers in media and editing

Sinclair is adopting an innovative cloud-based workflow integrating Avid MediaCentral, Sony Electronics’ C3 Portal gateway service and Marquis software

Avid Bioservices Inc (NASDAQ:CDMO) reported Q4 FY22 sales of $31.2 million, up 13% Y/Y, beating the consensus of $28.96 million. The growth is attributed to an increase in the scope of in-process and completed manufacturing runs and process development revenues. The company signed multiple new project orders during Q4 totaling approximately $44…

Avid Technology (NASDAQ:AVID) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Avid Technology missed estimated earnings by 2.94%, reporting an EPS of $0.33 versus an estimate of $0.34.

With technology stocks having priced in the Fed’s hawkish stance they might be heading for a strong rebound in the near term on overwhelming demand for advanced tech products and services. So, we think it could be wise to bet on quality tech stocks Avid Technology (AVID), Box (BOX), Rambus…

According to Benzinga Pro, during Q4, Avid Technology (NASDAQ:AVID) earned $15.22 million, a 2.98% increase from the preceding quarter. Avid Technology also posted a total of $119.06 million in sales, a 17.14% increase since Q3.

Media and entertainment technology provider Avid Technology (AVID) saw strong demand for its products in 2021 and ended the year with healthy margins and free cash flow. However, the stock has slumped 11% in price year-to-date amid the broader market pullback, closing yesterday’s trading session at $29. So, will it…