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Avid Technology AVID reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Avid Technology reported in-line EPS of $0.26 versus an estimate of $0.26.
Revenue was up $2.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 21.08% drop in the share price the next day.
Here's a look at Avid Technology's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.34 | 0.42 | 0.25 | 0.23 |
EPS Actual | 0.33 | 0.46 | 0.27 | 0.25 |
Revenue Estimate | 103.05M | 111.18M | 96.69M | 91.54M |
Revenue Actual | 100.65M | 119.06M | 101.64M | 94.88M |
To track all earnings releases for Avid Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Posted In: EarningsBZI-Recaps