Press Releases

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
Robust year-over-year Q4 subscription revenue growth of 54% leads to significant improvement in Recurring Revenue Continued gross margin expansion and strong Free Cash Flow BURLINGTON, Mass. , March 09, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the
Mar 09, 2020
In the newly established executive position, McManus’ additional role will expand the company-wide focus on customer success and ensure exceptional experiences for every Avid client and user BURLINGTON, Mass. , Feb. 10, 2020 (GLOBE NEWSWIRE) -- Building on its ongoing commitment to grow customer
Feb 10, 2020