Avid Technology (AVID) reported Q3 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $102.99 million versus the consensus estimate of $106.12 million.
GUIDANCE:
Avid Technology sees FY2022 EPS of $1.40-$1.50, versus the consensus of $1.44. Avid Technology sees FY2022 revenue of $412-424 million, versus the consensus of $434.27 million.