Avg Daily Volume: 418,449 Market Cap: 312.91M Sector: Technology Short Interest: 9.9 |
EARNINGS EXPECTATIONS:
ESTIMATED EPS: .05/share REV: 100.91 M
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LAST QTR: EPS: .29/share ESTIMATED: .16/share (BEAT)
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NEXT QTR: EPS: .09/share REV: 102.25/M
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FY19: EPS: .62/share REV: 424.85/M
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BEAT/MISS HISTORY: 18% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) : 32.24, -10.33, -10.03
POTENTIAL JUMP MOVE: 15%
Links To Latest News and Headlines
New course deepens knowledge and skills for creators mixing Dolby Atmos with Avid Pro Tools workflowsBURLINGTON, Mass., April 21, 2021 (GLOBE NEWSWIRE) — With more mixing engineers, audio studio technicians, and audio professionals transitioning from traditional stereo and surround formats to Dolby Atmos®, Avid® (Nasdaq: AVID) and Dolby today announced a joint training course agreement to bring the first Pro Tools® Dolby Atmos training course and certification to market. Accessed through the Avid Learning Partners program, the self-paced, blended training course covering the integration of the Dolby Atmos Renderer with Pro Tools consists of 40 hours of self-learning, 18 hours of instructor-led training, held over 3 days, and a professional certification exam. Upon completion of the coursework and passing the exam, candidates will earn the Avid Certified Professional: Pro Tools | Dolby Atmos certification credential. The new PT210D Pro Tools Dolby Atmos Production course will enable Pro Tools mixers to recognize the components of a Dolby Atmos content creation studio, and outline workflows for creating immersive audio in Pro Tools. They will also learn techniques for working with Dolby Atmos beds and objects, Pro Tools session management, Dolby Atmos Renderer configurations, and final delivery formats. “The Dolby training course builds on Avid’s global training and certificate infrastructure. This course provides core learning opportunities to fill the need for Dolby Atmos training and validates the skills and competencies of sound technicians and engineers to prepare and deliver Dolby Atmos content,” said Rob D’Amico, Sr. Director of Product Marketing, Audio Solutions at Avid. “For students, this course addresses the lack of formal learning related to immersive audio. Launching the Pro Tools Dolby Atmos course and certification and building it into the Pro Tools learning paths and certifications accelerates their education and career path.” “We’re thrilled to build on our longtime strategic collaboration with Avid by launching our first Dolby Atmos training and certification program,” said Rob France, Director, Customer Support, Dolby. “And the timing couldn’t be better. Content creators are showing increased interest in Dolby Atmos and the top streaming platforms are demanding more content be created in Dolby. This is true for not only film and TV, but also for music. In fact, the growth in music has been dramatic and as new Dolby Atmos enabled music services emerge, the demand for Dolby Atmos music will only grow.” The training course, PT210D Pro Tools Dolby Atmos Production, is available from Avid at https://www.avid.com/courses/pt210d-pro-tools-dolby-atmos-production. About AvidAvid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, and Maestro™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on Facebook, Instagram, Twitter, YouTube, LinkedIn, or subscribe to Avid Blogs. © 2021 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, iNEWS, Maestro, MediaCentral, Media Composer, Pro Tools, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice. Dolby Atmos is a registered trademark of Dolby Laboratories. To experience Dolby Atmos Music on Amazon Music, an Amazon Music HD subscription is required. To experience Dolby Atmos Music on TIDAL, a HiFi membership is required. PR Contacts:AvidDave Smith978.502.9607david.smith@avid.com
BURLINGTON, Mass., April 21, 2021 (GLOBE NEWSWIRE) — Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Chief Financial Officer and Executive Vice President, will host a conference call on Wednesday, May 5, 2021, at 5:30 p.m. ET to discuss the company’s earnings for the first quarter of 2021, which will be published after the market closes that day. Conference call information: Date & time: Wednesday, May 5, 2021, 5:30 p.m. Eastern TimeWebcast link (listen only) and presentation slides: http://ir.avid.comAudio dial-in number: 334-323-0501, confirmation code: 9663369Replay number: 719-457-0820, passcode: 9663369 A replay of the conference call and webcast will be available for a limited time by dialing the replay number above or by visiting Avid’s investor relations website at ir.avid.com. About Avid Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution, and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Media Composer®, Pro Tools®, Avid NEXIS®, MediaCentral®, iNEWS®, AirSpeed®, Sibelius®, Avid VENUE™, FastServe®, and Maestro™. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on Facebook, Instagram, Twitter, YouTube, LinkedIn, or subscribe to Avid Blogs. © 2021 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid NEXIS, FastServe, AirSpeed, iNEWS, Maestro, MediaCentral, Media Composer, Pro Tools, Avid VENUE, and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. All other trademarks are the property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice. Investor Contact:Whit RappoleAvidIR@avid.com PR Contact:Jim SheehanAvid jim.sheehan@avid.com
How far off is Avid Technology, Inc. ( NASDAQ:AVID ) from its intrinsic value? Using the most recent financial data…
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
Avid Technology Inc (NASDAQ: AVID) partnered with LiveU to enable the ingestion of IP streams for television news and remote live TV production in Avid’s MediaCentral platform. LiveU was the inventor and innovator of cellular bonding for transmitting high-quality live video. This association builds on Avid’s simplification of on-premise and cloud-based production workflows and providing unmatched transparency for broadcasters and content providers. MediaCentral is an open media workflow platform with an ecosystem of strategic partners that impeccably integrated LiveU, Haivision, and other SRT-enabled cameras or devices, encoders, and mobile apps. Broadcasters and content providers using MediaCentral IP Stream, Avid’s IP stream ingest solution for television news and remote live TV production, will be able to ingest live content from LiveU streaming directly into their workflows. The partnership with LiveU simplified remote IP contribution by restructuring workflows and secured remotely-generated content delivery via IP for quicker availability to television news, sports, and remote live TV production scenarios, increasing broadcaster coverage and faster delivery to linear and digital platforms, Avid Director Raul Alba said. Price action: AVID shares traded lower by 0.38% at $22.45 on the last check Tuesday. See more from BenzingaClick here for options trades from BenzingaGoldman Sachs Invests M In Contextual Advertising Technology Company GumGumCisco Becomes National Football League’s Official Technology Partner© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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