This company has been acquired
Avid Technology Past Earnings Performance
Past criteria checks 1/6
Avid Technology has been growing earnings at an average annual rate of 49.6%, while the Tech industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 0.6% per year.
Key information
49.6%
Earnings growth rate
49.7%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | 0.6% |
| Return on equity | n/a |
| Net Margin | 3.1% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Calculating The Fair Value Of Avid Technology, Inc. (NASDAQ:AVID)
Aug 07
Returns on Capital Paint A Bright Future For Avid Technology (NASDAQ:AVID)
Jul 02Is Avid Technology, Inc. (NASDAQ:AVID) Potentially Undervalued?
May 27Do Avid Technology's (NASDAQ:AVID) Earnings Warrant Your Attention?
Apr 21At US$31.33, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?
Feb 16Is Avid Technology, Inc. (NASDAQ:AVID) Trading At A 22% Discount?
Jan 03Here's Why Avid Technology (NASDAQ:AVID) Has Caught The Eye Of Investors
Dec 16At US$24.73, Is It Time To Put Avid Technology, Inc. (NASDAQ:AVID) On Your Watch List?
Nov 03Avid Technology announces amended credit facility
Oct 13Avid Technology, Inc.'s (NASDAQ:AVID) Intrinsic Value Is Potentially 90% Above Its Share Price
Sep 23Avid Technology jumps 10% on joining SmallCap 600
Aug 29Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?
Aug 21What Is Avid Technology, Inc.'s (NASDAQ:AVID) Share Price Doing?
Aug 03Amazon Studios and Avid Technology join hands for production editorial in the AWS Cloud
Aug 02Avid Continues To Deliver, Seat-Based Model Raises Concerns
Jul 27Should You Be Adding Avid Technology (NASDAQ:AVID) To Your Watchlist Today?
May 17Avid Technology: Sell Off After Earnings Is Unjustified
May 06Avid Technology Continues Its Recurring Revenue Push And Is Reasonably Valued
Apr 06Revenue & Expenses Breakdown
How Avid Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 413 | 13 | 162 | 76 |
| 30 Jun 23 | 425 | 32 | 160 | 74 |
| 31 Mar 23 | 415 | 44 | 156 | 70 |
| 31 Dec 22 | 417 | 55 | 153 | 67 |
| 30 Sep 22 | 420 | 45 | 156 | 67 |
| 30 Jun 22 | 419 | 48 | 157 | 67 |
| 31 Mar 22 | 416 | 48 | 155 | 67 |
| 31 Dec 21 | 410 | 41 | 153 | 66 |
| 30 Sep 21 | 395 | 33 | 144 | 64 |
| 30 Jun 21 | 384 | 26 | 136 | 60 |
| 31 Mar 21 | 368 | 21 | 131 | 57 |
| 31 Dec 20 | 360 | 11 | 135 | 57 |
| 30 Sep 20 | 372 | 19 | 141 | 58 |
| 30 Jun 20 | 376 | 15 | 144 | 59 |
| 31 Mar 20 | 395 | 2 | 153 | 61 |
| 31 Dec 19 | 412 | 8 | 153 | 62 |
| 30 Sep 19 | 408 | -2 | 149 | 61 |
| 30 Jun 19 | 419 | -4 | 152 | 62 |
| 31 Mar 19 | 419 | -2 | 155 | 63 |
| 31 Dec 18 | 413 | -11 | 157 | 62 |
| 30 Sep 18 | 408 | -17 | 160 | 64 |
| 30 Jun 18 | 409 | -18 | 164 | 64 |
| 31 Mar 18 | 413 | -21 | 164 | 65 |
| 31 Dec 17 | 419 | -14 | 165 | 68 |
| 30 Sep 17 | 427 | -7 | 149 | 71 |
| 30 Jun 17 | 441 | 2 | 149 | 75 |
| 31 Mar 17 | 472 | 25 | 154 | 79 |
| 31 Dec 16 | 512 | 48 | 172 | 82 |
| 30 Sep 16 | 535 | 39 | 189 | 87 |
| 30 Jun 16 | 554 | 41 | 195 | 92 |
| 31 Mar 16 | 530 | 24 | 199 | 94 |
| 31 Dec 15 | 506 | 2 | 197 | 96 |
| 30 Sep 15 | 495 | 2 | 202 | 95 |
| 30 Jun 15 | 500 | 5 | 206 | 92 |
| 31 Mar 15 | 515 | 6 | 211 | 91 |
| 31 Dec 14 | 530 | 15 | 214 | 90 |
| 30 Sep 14 | 549 | 21 | 215 | 92 |
| 30 Jun 14 | 546 | 9 | 217 | 93 |
| 31 Mar 14 | 562 | 22 | 213 | 95 |
| 31 Dec 13 | 563 | 21 | 211 | 95 |
| 30 Sep 13 | 577 | 41 | 203 | 94 |
| 30 Jun 13 | 588 | 53 | 193 | 94 |
| 31 Mar 13 | 613 | 44 | 199 | 96 |
| 31 Dec 12 | 636 | 47 | 206 | 99 |
Quality Earnings: AVID has a high level of non-cash earnings.
Growing Profit Margin: AVID's current net profit margins (3.1%) are lower than last year (10.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AVID has become profitable over the past 5 years, growing earnings by 49.6% per year.
Accelerating Growth: AVID's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AVID had negative earnings growth (-71.3%) over the past year, making it difficult to compare to the Tech industry average (85.6%).
Return on Equity
High ROE: AVID's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.