Avid Technology, Inc. (AVID) EPS Estimated At $-0.11

July 11, 2018 - By mmahotstuff

Avid Technology, Inc. (NASDAQ:AVID) LogoInvestors sentiment decreased to 0.73 in 2018 Q1. Its down 0.68, from 1.41 in 2017Q4. It is negative, as 15 investors sold Avid Technology, Inc. shares while 29 reduced holdings. 11 funds opened positions while 21 raised stakes. 28.16 million shares or 5.80% less from 29.89 million shares in 2017Q4 were reported.
Jefferies Group Ltd Liability stated it has 59,501 shares or 0% of all its holdings. Vanguard Grp Incorporated has 2.59M shares. Wellington Mgmt Gru Limited Liability Partnership holds 0% or 63,997 shares in its portfolio. Zebra Capital Management owns 11,892 shares or 0.02% of their US portfolio. Rhumbline Advisers accumulated 32,557 shares. Gp holds 0% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID) for 21,367 shares. Citigroup has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Art Advsr Ltd Co, New York-based fund reported 11,261 shares. Grp Inc One Trading L P invested in 0% or 3,000 shares. Parametric Port Assoc Limited holds 0% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID) for 196,125 shares. Northern Trust has 0% invested in Avid Technology, Inc. (NASDAQ:AVID) for 388,048 shares. Wells Fargo Com Mn has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). 2,494 are held by Ameritas Partners. 29,500 are owned by Ny State Common Retirement Fund. Millennium Management Limited Liability Corp reported 0% stake.

Analysts expect Avid Technology, Inc. (NASDAQ:AVID) to report $-0.11 EPS on August, 2.They anticipate $0.14 EPS change or 466.67 % from last quarter’s $0.03 EPS. After having $-0.07 EPS previously, Avid Technology, Inc.’s analysts see 57.14 % EPS growth. It closed at $5.2 lastly. It is down 2.06% since July 12, 2017 and is downtrending. It has underperformed by 14.63% the S&P500.

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide. The company has market cap of $215.81 million. The firm offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It currently has negative earnings. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization.

More notable recent Avid Technology, Inc. (NASDAQ:AVID) news were published by: Investingnews.com which released: “Raycom Sports Chooses Avid to Standardize its Workflow” on June 28, 2018, also Globenewswire.com with their article: “Report: Developing Opportunities within ABIOMED, Avid Technology, Unit, Omeros, Strayer Education, and …” published on June 21, 2018, Nasdaq.com published: “Raycom Sports Chooses Avid to Standardize its Workflow and Drive Viewership of its Atlantic Coast Conference Network” on June 27, 2018. More interesting news about Avid Technology, Inc. (NASDAQ:AVID) were released by: Nasdaq.com and their article: “Gener 2 Chooses Avid Workflow to Launch CNN Affiliate in Albania” published on June 15, 2018 as well as Nasdaq.com‘s news article titled: “Globo Enhances 2018 Russia World Cup Coverage with Avid’s Augmented Reality Solutions” with publication date: June 20, 2018.

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