Type | Public | |
Founded | 1987 | |
HQ | Burlington, MA, US | Map |
Website | avid.com | |
Employee Ratings | ||
Overall Culture | B- | More |
USD | |
---|---|
Revenue (Q1, 2022) | 100.6m |
Gross profit (Q1, 2022) | 66.8m |
Net income (Q1, 2022) | 10.6m |
EBIT (Q1, 2022) | 13.3m |
Market capitalization (1-Aug-2022) | 1.3b |
Closing stock price (1-Aug-2022) | 28.3 |
Cash (31-Mar-2022) | 41.2m |
USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 104.0m | 103.3m | 98.7m | 93.5m | 86.5m | 79.3m | 90.4m | 94.4m | 94.9m | 36.9m | 100.6m |
Cost of goods sold | 43.4m | 42.0m | 42.0m | 35.6m | 33.3m | 27.7m | 32.2m | 32.9m | 34.7m | 20.5m | 33.9m |
Gross profit | 60.6m | 61.3m | 56.7m | 57.9m | 53.2m | 51.6m | 58.3m | 61.4m | 60.1m | 66.8m | |
Gross profit Margin, % | 58% | 59% | 57% | 62% | 61% | 65% | 64% | 65% | 63% |
USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 50.5m | 55.3m | 51.0m | 52.3m | 81.2m | 55.7m | 49.1m | 55.6m | 53.3m | 50.5m | 41.2m |
Accounts Receivable | 51.0m | 61.3m | 58.6m | 53.7m | 60.0m | 52.9m | 59.7m | 58.8m | 58.7m | 58.1m | 57.4m |
Prepaid Expenses | 9.5m | 12.0m | 10.1m | 13.1m | 10.1m | 9.7m | 10.5m | 7.3m | 8.8m | 6.8m | 7.1m |
Inventories | 32.1m | 34.3m | 34.1m | 32.2m | 32.6m | 29.7m | 28.4m | 27.6m | 24.2m | 22.2m | 17.8m |
USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (16.6m) | (213.0k) | (10.9m) | (7.8m) | (5.9m) | (4.0m) | 4.0m | 4.4m | 11.4m | 26.2m | 10.6m |
Depreciation and Amortization | 15.9m | 4.7m | 9.4m | 11.5m | 2.1m | 4.3m | 6.3m | 2.1m | 4.3m | 6.3m | 1.8m |
Inventories | 294.0k | (1.4m) | (1.1m) | 788.0k | (3.4m) | (484.0k) | 788.0k | (1.0m) | 2.3m | 4.4m | 2.1m |
Accounts Payable | 3.5m | (810.0k) | (167.0k) | (3.7m) | (4.9m) | (22.0m) | (26.4m) | (2.6m) | (48.0k) | 590.0k | (5.5m) |
USD | Q3, 2018 |
---|---|
Debt/Equity | -1.3 x |
Debt/Assets | 0.9 x |
Financial Leverage | -1.4 x |
Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Paying Subscribers | 116 k | 125 k | 137 k | 147 k | 170 k | 188 k | 218 k | 242 k | 269 k | 296 k | 324 k | 346 k |
Cloud-enabled Software Subscriptions | 116.37 k | 137.14 k | 147.68 k | 170.23 k | 217 | 242 | 269 | 327 | 346 | |||
Annual Contract Value | $248.5 m | $237.1 m | $245.6 m | $257.6 m | $264.2 m | $265.3 m | $271.9 m | $302 m | $293.1 m | |||
Backlog | $459.1 m | $459.7 m | $444.8 m | $443.6 m | $435 m | $423.6 m | $402.9 m | $416.8 m | $401 m |
Company Name | Date | Deal Size |
---|---|---|
Orad Hi-Tech Systems | April 13, 2015 | $70 m |
Rocket Network | February 14, 2012 | |
Euphonix | April 21, 2010 | |
Blue Order Solutions | March 13, 2010 | |
Maximum Throughput | July 31, 2009 | |
Sibelius | August 02, 2006 | $23 m |
Sundance Digital | April 13, 2006 | $12 m |
Medea | March 02, 2006 | |
Wizoo | August 31, 2005 | |
Pinnacle Systems | March 21, 2005 | $462 m |
Avid Technology revenue breakdown by business segment: 60.9% from Services and 39.1% from Products and Solutions
Avid Technology revenue breakdown by geographic segment: 6.7% from Other Americas, 14.0% from Asia-Pacific, 39.8% from United States and 39.5% from Europe, Middle East and Africa
Avid Technology has 108.88k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.5% quarter over quarter
50.3k
Tweets
16.1k
Following
108.9k
Followers
290
Tweets last 30 days
9.9
Avg. likes per Tweet
99.3%
Tweets with engagement
B-
69/100
A-
75/100
C
66/100
When was Avid Technology founded?
Avid Technology was founded in 1987.
Who are Avid Technology key executives?
Avid Technology's key executives are Jeff Rosica, Ken Gayron and Robert M. Bakish.
How many employees does Avid Technology have?
Avid Technology has 1,405 employees.
What is Avid Technology revenue?
Latest Avid Technology annual revenue is $409.9 m.
What is Avid Technology revenue per employee?
Latest Avid Technology revenue per employee is $291.8 k.
Who are Avid Technology competitors?
Competitors of Avid Technology include Telestream, GoPro and IEH.
Where is Avid Technology headquarters?
Avid Technology headquarters is located at 75 Network Drive, Burlington.
Where are Avid Technology offices?
Avid Technology has offices in Burlington, Berkeley, Burbank, Fremont and in 33 other locations.
How many offices does Avid Technology have?
Avid Technology has 40 offices.
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