Avid Technology, Inc.

Last price update: 06 Nov 23 22:59 GMT

Price:
$27.05
Open:
$27.04
Previous close:
$27.04
Day's range:
$27.04 - $27.05
Year's range:
$19.78 - $33.41
Net Income per Share:
0.72
Price-to-Earnings ratio:
37.56
52-week Price Range:
$26.86
Volume:
$412,361.00
Average volume:
$676,342.00

Company profile for Avid Technology, Inc.

Avid Technology, Inc. logo

Avid Technology, Inc. is a leading global provider of software and integrated solutions for video and audio content creation, management, and distribution. Established in 1987 and headquartered in Burlington, Massachusetts, the company has grown to become a major player in the media and entertainment industry.

Avid’s expansive portfolio includes solutions for content creation, media asset management, production, post-production workflows, audio and video editing, and more. The company offers software and hardware products for video and audio production, such as the Media Composer, Avid NEXIS shared storage systems, Maestro solutions, AirSpeed 5000 and AirSpeed 5500 on-air server solutions, MediaCentral media production suite, Pro Tools digital audio software solutions, Sibelius solution for creating and editing musical scores, S6 line of complementary control surfaces and consoles, S1 and S4 audio control surfaces, FastServe video server, and various hardware products, such as I/O devices, interfaces, and audio and video processing equipment.

The company also provides services and support solutions with offerings such as Avid Link, a mobile application, public and private training, maintenance contracts and support services, professional services such as workflow design and consulting, and custom development and role-based product level training. Avid’s products are used by professionals in the media and entertainment, education, and enterprise markets across the world.

Over the years, the company has achieved notable success and milestones, such as being recognized as the recipient of the prestigious Emmy Engineering Awards in 2017 and 2018, as well as being awarded the Red Dot Design Award for their VENUE | S6L live sound system. In addition, in 2019, Avid was named among the world’s most ethical companies by the Ethisphere Institute for the fifth consecutive year. Avid continues to remain ahead of the curve by leveraging technology and providing innovative solutions for the media and entertainment industry.

Stock exchanges:
NASDAQ
Sector:
Communication Services
Industries:
Electronic Gaming & Multimedia
Ticker:
AVID
CIK:
896841
ISIN:
US05367P1003
Website:
https://www.avid.com
Phone:
978 640 6789
Origin:
United States
Employees:
1,405