Brief: Avid Technology Announces Q4 And FY 2022 Results

Avid Technology

01/03/2023 22:27

March 1 (Reuters) - Avid Technology Inc  AVID.O :
    * Q4 REVENUE WAS $116.1 MILLION, A DECREASE OF 2.5%
YEAR-OVER-YEAR
    * QTRLY NET INCOME PER COMMON SHARE WAS $0.57
    * SEES Q1 ARR, AT END OF PERIOD BETWEEN $247 MILLION - $251
MILLION
    * SEES Q1 REVENUE BETWEEN $97 MILLION - $105 MILLION
    * SEES Q1 NON-GAAP EARNINGS PER SHARE BETWEEN $0.21 - $0.29
    * SEES FY REVENUE BETWEEN $447 MILLION - $472 MILLION
    * SEES FY NON-GAAP EARNINGS PER SHARE BETWEEN $1.53 - $1.75
    * Q4 EARNINGS PER SHARE VIEW $0.48, REVENUE VIEW $115.0
MILLION --
REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $0.31, REVENUE VIEW $106.2
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $1.64, REVENUE VIEW $454.3
MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX2C21q3 
Further company coverage:  AVID.O 

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