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Last $12.13 USD
Change Today -0.04 / -0.33%
Volume 162.2K
AVID On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 12:31 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

avid technology inc (AVID) Snapshot

Open
$12.14
Previous Close
$12.17
Day High
$12.19
Day Low
$11.80
52 Week High
06/8/15 - $18.10
52 Week Low
08/11/14 - $7.40
Market Cap
480.0M
Average Volume 10 Days
307.8K
EPS TTM
$0.52
Shares Outstanding
39.6M
EX-Date
--
P/E TM
23.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for AVID TECHNOLOGY INC (AVID)

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avid technology inc (AVID) Details

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution in the United States, the other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers various professional video creative tools, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter option and iNews systems for news production; and Avid Symphony option that is used during post-production. It also provides video storage and server solutions comprising Avid ISIS shared storage systems; and media management solutions, such as MediaCentral | UX Web- and mobile-based apps that enables interplay asset management solutions by providing access to media assets for media professionals. In addition, the company offers audio products and solutions, such as Pro Tools digital audio software and workstation solutions that facilitate the audio production process; complementary control surfaces and consoles; VENUE, a family of console products for mixing audio for live sound reinforcement; and Sibelius-branded software that allows users to create, edit, and publish musical scores. Additionally, it offers workflow design and consulting, program and project management, system installation and commissioning, and role-based product level training services. The company markets and sells its products and solutions to customers in broadcast and media, video and audio post, and professional markets through a network of sales representatives, independent distributors, value-added resellers, dealers, and retailers, as well as through digital sales channels. Avid Technology, Inc. was founded in 1987 and is headquartered in Burlington, Massachusetts.

1,413 Employees
Last Reported Date: 03/16/15
Founded in 1987

avid technology inc (AVID) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.4M
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $975.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $410.0K
Senior Vice President of Worldwide Field Oper...
Total Annual Compensation: $375.0K
Compensation as of Fiscal Year 2014.

avid technology inc (AVID) Key Developments

Avid Technology, Inc. Announces Executive Changes

On July 10, 2015, Christopher C. Gahagan, 51, the Avid Technology, Inc.'s Senior Vice President of Products and Technology and a named executive officer, resigned from his position. Louis Hernandez, Jr., Avid's Chairman, President and CEO, will directly oversee the products team and execution of the Avid Everywhere strategy until the company identifies new leadership.

Avid Technology, Inc. Announces Expansion to Create 100 Jobs in Boca Raton

Avid Technology announced that it will expand its North American administrative headquarters to Boca Raton. The expansion is planned to take place over the next three years, ultimately creating 100 jobs and $2.6 million in capital investment. With more than a 25-year heritage of innovation and leadership, Avid is uniquely positioned to help organizations and professionals succeed in the highly competitive and rapidly changing media technology industry. Customers from the large media organizations in the world, to small and medium-sized studios and facilities, to individual audio and video artists use Avid solutions to create, distribute and monetize the most prestigious and award-winning films, videos, music recordings, TV shows, live concerts and news broadcasts.

VRT Deploys Avid's New Media Asset Management Solution

Avid announced that VRT has embraced Avid Everywhere by installing a media asset management system designed and implemented by Avid Global Services as the first phase of the broadcaster's transition to an HD workflow. The Avid Interplay MAM improves operational efficiency and facilitates better internal collaboration. With HD becoming ubiquitous in broadcast, VRT began the process of planning a phased HD upgrade program across its entire facility. The project began with replacing VRT's legacy SD database management system with an HD-capable solution that not only manages its existing media and database, but also handles new multimedia assets from its in-house productions, spanning from news and sport to live entertainment and studio shows. The new system enables team collaboration across the facility, while integrating existing third party systems into the production workflow during the transition process and beyond.

 

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AVID Competitors

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Industry Analysis

AVID

Industry Average

Valuation AVID Industry Range
Price/Earnings 87.2x
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow 69.1x
TEV/Sales 0.9x
 | 

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