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 06Is Now The Time To Look At Buying Avid Technology, Inc. (NASDAQ:AVID)?
Mar 26Revenue & Expenses BreakdownBeta
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.