Brief: Avid Technology Announces Q3 2022 Results

Avid Technology

08/11/2022 23:06

Nov 8 (Reuters) - Avid Technology Inc  AVID.O :
    * AVID TECHNOLOGY ANNOUNCES Q3 2022 RESULTS
    * QTRLY TOTAL REVENUE WAS $103.0 MILLION, AN INCREASE OF
1.3%
YEAR-OVER-YEAR
    * QTRLY NET INCOME PER COMMON SHARE WAS $0.27
    * QTRLY NON-GAAP EARNINGS PER SHARE WAS $0.38
    * Q3 EARNINGS PER SHARE VIEW $0.31, REVENUE VIEW $105.5
MILLION --
REFINITIV IBES DATA
    * REAFFIRMING AND TIGHTENING 2022 GUIDANCE FOR NON-GAAP
EARNINGS
PER SHARE AND ADJUSTED EBITDA
    * SEES FY REVENUE $412 MILLION - $424 MILLION
    * SEES FY ADJUSTED EPS $1.40 - $1.50
    * FY2022 EARNINGS PER SHARE VIEW $1.44, REVENUE VIEW $434.3
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX3Mw5vL 
Further company coverage:  AVID.O 
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