Brief: Avid Technology Announces Q2 2022 Results

Avid Technology

02/08/2022 22:44

Aug 2 (Reuters) - Avid Technology Inc  AVID.O :
    * AVID TECHNOLOGY ANNOUNCES Q2 2022 RESULTS
    * Q2 REVENUE ROSE 3 PERCENT TO $97.7 MILLION
    * QTRLY NON-GAAP EARNINGS PER SHARE OF $0.26
    * Q2 NET INCOME PER COMMON SHARE WAS $0.16
    * SEES FY22 REVENUE $425 MILLION - $455 MILLION
    * SEES Q3 REVENUE $100 MILLION- $112 MILLION
    * SEES FY22 NON-GAAP EARNINGS PER SHARE $1.37 - $1.53
    * SEES Q3 NON-GAAP EARNINGS PER SHARE $0.27 - $0.39
    * Q2 EARNINGS PER SHARE VIEW $0.25, REVENUE VIEW $96.5
MILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $1.44, REVENUE VIEW $436.2
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9df726 
Further company coverage:  AVID.O 

 ((Reuters.Briefs@thomsonreuters.com;))