AVID TECHNOLOGY INC (AVID) Earnings History & Surprises

NASDAQ:AVIDUS05367P1003

Current stock price

27.04 USD
0 (0%)
At close:
27.06 USD
+0.02 (+0.07%)
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AVID Earnings overview

Past quarterly earnings results for AVID TECHNOLOGY INC (AVID), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release Date
Feb 28, 2024
Period
Q4 / 2023
EPS Estimate
$0.67
Revenue Estimate
132.04M

Last Reported

Most Recent
Release Date
Nov 7, 2023
Period
Q3 / 2023
EPS Reported
-$0.17
EPS Surprise
-132.16%
Revenue Surprise
%

Beat Rate

Last 8 Quarters
0%
EPS and Revenue beats vs estimates

Quarterly Earnings Historical Results

EPS & Revenue History (in USD): Actual vs estimated values, surprises, q2q growth and acceleration numbers quarterly history.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q3 2023 -0.17 0.53 -132.16% -144.74% 117.68M - 14.27%
Q2 2023 0.22 0.21 4.62% -15.38% 108.542M 105.52M 2.86% 11.12%
Q1 2023 0.15 0.26 -41.21% -54.55% 97.811M 103.02M -5.06% -2.82%
Q4 2022 0.45 0.49 -7.54% -2.17% 116.099M 117.32M -1.04% -2.49%
Q3 2022 0.38 0.32 18.33% 40.74% 102.985M 107.57M -4.26% 1.32%
Q2 2022 0.26 0.26 1.35% 4.00% 97.68M 98.4M -0.73% 2.96%
Q1 2022 0.33 0.34 -4.28% 17.86% 100.649M 105.11M -4.24% 6.62%
Q4 2021 0.46 0.42 8.41% 39.39% 119.064M 113.41M 4.99% 14.16%
Q3 2021 0.27 0.26 5.46% - 101.64M 98.628M 3.05% 12.43%
Q2 2021 0.25 0.23 7.78% 108.33% 94.876M 93.372M 1.61% 19.64%
Q1 2021 0.28 0.21 33.39% 450.00% 94.4M 92.402M 2.16% 9.13%
Q4 2020 0.33 0.33 -0.39% - 104.3M 107.09M -2.61% -
Q3 2020 0.27 0.14 95.79% - 90.4M 85.315M 5.96% -
Q2 2020 0.12 -0.02 625.21% - 79.3M 78.954M 0.44% -
Q1 2020 -0.08 -0.01 -503.32% - 86.5M 94.374M -8.34% -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

AVID EPS Q2Q GrowthAVID EPS Q2Q GrowthEPS Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 100 -100 200 300 400

Revenue Historical Q2Q growth and Acceleration

AVID Revenue Q2Q GrowthAVID Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 Q4/22 Q1/23 Q2/23 Q3/23 Q4/23 Q1/24 Q2/24 Q3/24 Q4/24 0 5 10 15 20

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
2
Average EPS beat (4)
-6.45%
Max EPS beat (4)
18.33%
Min EPS beat (4)
-41.21%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-1.87%
Max Revenue beat (4)
2.86%
Min Revenue beat (4)
-5.06%

Analysis

In the last 4 quarters, AVID has beaten EPS estimates in 2 out of 4 releases
AVID has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, AVID reported -6.5% below the EPS estimates on average.
In the last 4 quarters, AVID reported -1.9% below the revenue estimates on average.

AVID TECHNOLOGY INC / AVID Earnings FAQ

What is the most recent earnings date for AVID stock?

AVID TECHNOLOGY INC (AVID) last reported earnings on 11/7/2023.

Did AVID TECHNOLOGY INC (AVID) beat earnings estimates last quarter?

AVID TECHNOLOGY INC (AVID) missed EPS estimates and missed revenue estimates in the most recent quarter.

Can you provide information on how often AVID TECHNOLOGY INC beats earnings estimates?

In the last 4 quarters, AVID TECHNOLOGY INC (AVID) has beaten EPS estimates in 2 out of 4 releases.