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Avid Provides Financial Guidance for 2010 and 2011
Avid expects revenue for the full year of 2010 to be in the range of
For 2011, Avid expects revenue in the range of
For purposes of providing investors with an understanding of its future business model, Avid is providing forward-looking analysis on a non-GAAP basis. Avid's GAAP financial measures are not, however, available on a forward-looking basis and comparable future GAAP financial measures could be materially different.
About Avid
Avid creates the digital audio and video technology used to make the most listened to, most watched and most loved media in the world -- from the most prestigious and award-winning feature films, music recordings, television shows, live concert tours and news broadcasts, to music and movies made at home. Some of Avid's most influential and pioneering solutions include Media Composer®, Pro Tools®, Interplay®, ISIS®, VENUE, Oxygen 8, Sibelius®, System 5, and Pinnacle Studio. For more information about Avid solutions and services, visit www.avid.com, del.icio.us, Flickr, Twitter and YouTube; connect with Avid on Facebook; or subscribe to Avid Industry Buzz.
© 2010 Avid Technology, Inc. All rights reserved. Product features, specifications, system requirements and availability are subject to change without notice. All prices are USMSRP for the U.S. and Canada only and are subject to change without notice. Contact your local Avid office or reseller for prices outside the U.S. and Canada. Avid, the Avid logo, Media Composer, Pro Tools, Interplay, ISIS, Sibelius and Pinnacle Studio are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. The Interplay name is used with the permission of the Interplay Entertainment Corp. which bears no responsibility for Avid products. All other trademarks are the property of their respective owners.
PR Contact:Amy Peterson Avid 978-640-3448 Email Contact IR Contact:Tom Fitzsimmons Avid 978-640-3346 Email Contact
Source: Avid
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