Press Releases

New Strategic Purchasing Agreement Makes All Avid Audio and Video Solutions Available to Diversified’s Clients through a Single Source BURLINGTON, Mass. , Aug. 05, 2020 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) today announced a new strategic purchasing agreement with Diversified , one of the
Aug 05, 2020
68% Year-Over-Year Subscription Revenue Growth Driven by Continued Increase in Paid Subscriptions with Net Increase of 24,000 Subscriptions in the Quarter Operating Income Increased 214% Year-Over-Year from Improved Gross Margin and Significantly Reduced Operating Expenses BURLINGTON, Mass. , Aug.
Aug 03, 2020
Avid-powered storage and graphics toolkit enables one of Europe’s biggest broadcasters to quickly adapt and deliver creativity as part of technology overhaul BURLINGTON, Mass. , May 19, 2020 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) today announced that leading broadcaster ITV Studios Daytime
May 19, 2020
Results Impacted by COVID-19 Global Pandemic and In-Line with April 7 th Business Update Subscription Revenue Growth of 50% Year-Over-Year Drove Double-Digit Growth in Recurring Revenue Management Implemented $40 million Cost Savings Plan to Help Manage Business Through Global Pandemic BURLINGTON,
May 07, 2020
BURLINGTON, Mass. , April 17, 2020 (GLOBE NEWSWIRE) -- Avid (NASDAQ: AVID) today announced that it will host its 2020 Annual Meeting of Stockholders in a virtual format only due to the public health impact of the COVID-19 pandemic and to prioritize the health and well-being of meeting participants.
Apr 17, 2020