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Avid Technology Q4 EPS $0.28 Misses $0.3 Estimate, Sales $116.3M Beat $111.85M Estimate

Avid Technology (NASDAQ:AVID) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.3 by 6.67 percent. This is a 100 percent increase over earnings of $0.14 per share from the

Benzinga · 03/09/2020 20:08

Avid Technology (NASDAQ:AVID) reported quarterly earnings of $0.28 per share which missed the analyst consensus estimate of $0.3 by 6.67 percent. This is a 100 percent increase over earnings of $0.14 per share from the same period last year. The company reported quarterly sales of $116.3 million which beat the analyst consensus estimate of $111.85 million by 3.98 percent. This is a 3.21 percent increase over sales of $112.684 million the same period last year.