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Avid Technology
Stock Price
$26.8
2023-09-22
Market Capitalization
$1.2 B
2023-09-22
Revenue
$417.4 M
FY, 2022
Avid Technology Summary
Company Summary
- Overview
- Avid Technology is a software developer that provides media creation tools and platforms. It offers audio post-production tools, cloud software, mobile apps for graphic and media creation, video editing software, and other solutions. The company caters to the film, television, and music industries.
- Type
- Public
- Status
- Active
- Founded
- 1987
- HQ
- Burlington, MA, US | view all locations
- Website
- https://www.avid.com
- Cybersecurity rating
- ESG rating
Table of Contents
Key People
Ken Gayron, Chief Financial Officer, Executive Vice President
Robert M. Bakish, Director
Tom Cordiner, Chief Revenue Officer & SVP
Operating MetricsView all
Backlog
$401M
5.3%
Q2, 2021
Annual Contract Value
$293.1M
10.5%
Q2, 2021
Paying Subscribers
506K
23.4%
FY, 2022
LocationsView all
40 locations detected
Burlington, MA HQ
United States
75 Network Drive
Berkeley, CA
United States
2600 Tenth Street #200
Burbank, CA
United States
101 N 1st St #200
Fremont, CA
United States
6600 Stevenson Blvd
New York, NY
United States
60 East 42nd Street Suite 600
Santa Clara, CA
United States
2903 Bunker Hill Ln #100
Avid Technology Financials
Summary Financials
- Revenue (Q2, 2023)
- $108.5M
- Gross profit (Q2, 2023)
- $66.3M
- Net income (Q2, 2023)
- ($4.6M)
- Cash (Q2, 2023)
- $33.5M
- EBIT (Q2, 2023)
- ($528.0K)
- Enterprise value
- $1.4B