Press Releases

TEWKSBURY, MA, Jan 28, 2010 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today reported revenues of $174.7 million for the three-month period ended December 31, 2009, compared to $206.7 million for the same period in 2008. The GAAP net loss for the quarter was $17.9 million, or $0.48 per share, compared to a GAAP net loss of $100....

TEWKSBURY, MA, Jan 13, 2010 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today announced that a number of the world's most prestigious productions have recently selected Avid's industry-leading audio and video solutions to enhance productivity, streamline workflows and facilitate HD production. Some of the latest customers to leve...

TEWKSBURY, MA, Dec 09, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today announced a number of new solutions designed to help broadcasters reduce costs and increase productivity associated with the news production process. The newly unveiled Avid iNEWS(R) (3.0) newsroom computer system (NCRS), Avid iNEWS Command (2.5) device...

TEWKSBURY, MA, Nov 16, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today reported final financial results for the three- and nine-month periods ended September 30, 2009. These results reflect corrections of errors identified in its previously announced investigation concerning the timing of recognition of revenue. As a resul...

TEWKSBURY, MA, Nov 09, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today announced that it will delay the filing of its Report on Form 10-Q for the third quarter ended September 30, 2009. The report will now be issued on November 16, 2009, rather than November 9. The delay is due to additional time required for the previousl...

TEWKSBURY, MA, Oct 22, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today reported revenues of $153.7 million for the three-month period ended September 30, 2009, compared to $217.1 million for the same period in 2008. The GAAP net loss for the quarter was $16.2 million, or $.43 per share, compared to a GAAP net loss of $66.4...

TEWKSBURY, MA, Oct 19, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today announced that it will host an Investor Day meeting on Monday, November 2, 2009 at the Ritz-Carlton in Boston. Investor Day will offer the investor community an opportunity to meet members of Avid's executive team and learn more about the company's prod...

TEWKSBURY, MA, Sep 24, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today announced that Ken Sexton, executive vice president and CFO, will present an update on the company's business at the Maxim Group Growth Conference on Tuesday, September 29, 2009 at 9:30 a.m. EDT at the Grand Hyatt Hotel in New York City. An on-demand au...

TEWKSBURY, MA, Sep 23, 2009 (MARKETWIRE via COMTEX News Network) -- Avid(R) (NASDAQ: AVID) today marked the beginning of its commitment to inspire and empower Gen Cre8 ( Facebook, Twitter) -- the generation of young adults who have driven a creative uprising through their dedication to expressing, producing and sharing stories using video and music...

AMSTERDAM, THE NETHERLANDS, Sep 10, 2009 (MARKETWIRE via COMTEX News Network) -- IBC (Stand #7.J20) -- Avid(R) (NASDAQ: AVID) today introduced new versions of its Media Composer(R) (4.0), Symphony(TM) (4.0), NewsCutter(R) (8.0) professional editing software and Interplay(R) (2.0) production asset management system. Reinforcing Avid's commitment to ...