Last $7.45 USD
Change Today -0.17 / -2.23%
Volume 41.4K
AVID On Other Exchanges
Symbol
Exchange
Munich
OTC US
As of 8:10 PM 07/28/14 All times are local (Market data is delayed by at least 15 minutes).

avid technology inc (AVID) Snapshot

Open
$7.50
Previous Close
$7.62
Day High
$7.51
Day Low
$7.44
52 Week High
12/2/13 - $8.93
52 Week Low
02/24/14 - $4.80
Market Cap
290.0M
Average Volume 10 Days
51.7K
EPS TTM
$-0.95
Shares Outstanding
38.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AVID TECHNOLOGY INC (AVID)

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avid technology inc (AVID) Details

Avid Technology, Inc. provides digital media content-creation products and solutions for audio, film, video, broadcast professionals, artists, and creative enthusiasts in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers various software and hardware professional video-editing solutions, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter and iNews Instinct editors for news production; and Avid Symphony Nitris DX and Avid DS, which are used during the online or finishing stage of post production. It also provides Pinnacle Studio and Avid Studio, which provide consumers and entry-level videographers with the ability to create professional-looking videos; broadcast newsroom graphics, ingest, play-to-air, and automation device control solutions that assist broadcasters as they bring programs from concept to air; and Avid ISIS shared storage system to store, share and manage large quantities of digital media assets. In addition, Avid Technology, Inc. offers Pro Tools digital audio software and workstation solutions that facilitate the audio production process; a range of complementary open audio and video control surfaces and consoles; ICON system for tactile control of Pro Tools software and hardware; VENUE, a family of console products for mixing audio for live sound reinforcement. Further, the company provides Fast Track recording interface products to deliver audio quality plus hands-on controls; MIDI keyboards/controllers and digital pianos, which are used by musicians in the recording studio and for live performances; speakers for use with desktop computer systems and in studios; and Sibelius-branded software allows users to create, edit, and publish musical scores. Additionally, it also offers project management, installation, integration, planning, training, and support services. The company was founded in 1987 and is headquartered in Burlington, Massachusetts.

1,787 Employees
Last Reported Date: 02/29/12
Founded in 1987

avid technology inc (AVID) Top Compensated Officers

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Executives, Board Directors

avid technology inc (AVID) Key Developments

Millersville University Chooses Avid for End-to-End Media Production Environment

Avid announced that Millersville University has implemented a complete end-to-end Avid workflow for its media production facility. By choosing Avid solutions, Millersville University is helping students learn the industry-standard tools and infrastructure used in professional production environments. The Millersville University Communication and Theater Curriculum offers students a variety of options, including documentary filmmaking, broadcast news reporting, and digital media creation. In order to provide students with the tools they need to create high-quality, inspiring content, Millersville recently decided to invest in upgrading their media production workflow.

Hessischer Rundfunk Selects Avid to Streamline Production and Increase Efficiency

Avid announced that Hessischer Rundfunk has selected Avid solutions to power its post-production workflow. The upgrade empowers Hessischer Rundfunk to benefit from the Avid MediaCentral Platform through enhanced collaboration, accelerated production, and producing and distributing higher-quality content to millions of German citizens via four radio stations and one television channel. Before the upgrade, the main production facility was equipped with an aging Studer mixing console. Due to the lack of integration with Hessischer Rundfunk's audio/visual workstations, flexibility and control were limited. The new System 5 Fusion expandable digital console now lets engineers control content from up to five digital audio workstations using a single control surface, while delivering premium sound quality and performance.

Avid Announces Key Performance Enhancements to the Avid S3L Live Sound System

Avid announced key performance enhancements to the Avid S3L live sound system, setting a new standard for flexible, efficient workflows in live sound and studio applications and delivering significant cost savings. The latest updates empower users to mix and capture performances more quickly and cost effectively, enabling them to meet the increasing scope, size and complexity of live sound requirements and the industry’s continuous drive for efficiency. The Avid S3L live sound system is more powerful than ever with a new performance update that provides customers with I/O sharing and gain tracking across multiple S3L systems, and greater flexibility to mix live shows with user-definable fader layouts and VCA and Group Spill. It also enables sound engineers to use the S3 control surface standalone to mix Pro Tools sessions, and features an updated operating system with support for 64-bit AAX DSP plug-ins. When used together, Pro Tools and the S3L deliver tightly integrated recording and mixing control of live or in-studio productions. As they’re run on the Avid MediaCentral Platform users have access to the Avid Marketplace where they can network, collaborate with other media professionals and even monetize their work. Innovative enhancements to the S3L are powered by major software updates, VENUE 4.5 and EuControl 3.2, and include: I/O tracking and gain sharing: Customers can now share audio source feeds from one or more Stage 16 remote I/O boxes between up to three S3L Systems over Ethernet AVB. This enables engineers to take multiple S3L systems on the road but only have to carry one set of I/O boxes, resulting in quicker set-up, less burden on rental inventories, simplified cable management, and reduced transport costs. Gain tracking intelligently manages gain levels across all networked systems to provide each user on the network with full independent control of input gain. Improved surface navigation and mixing: Numerous enhancements improve surface operation, navigation and visual feedback, speeding up workflows by providing greater flexibility to mix live shows with user-definable fader layouts, VCA and Group Spill, and more. Ability to mix Pro Tools and other DAW sessions using the S3 control surface: Customers can now use the S3 control surface as a standalone studio controller and audio interface with Pro Tools and any other EUCON-enabled digital audio workstation. This enables an engineer to mix down a performance in Pro Tools after a gig using just the S3 control surface and a laptop. The EUCON protocol – the same protocol used by Avid S6 studio consoles – delivers superior functionality and integration. Updated operating system with support for 64-bit AAX DSP plug-ins: S3L’s updated operating system includes support for 64-bit AAX DSP plug-ins, giving customers access to all the latest effects and sound processors available. VENUE 4.5 and EuControl 3.2 software updates will be available in third quarter of 2014 to current and new S3L customers at no cost through their Avid customer accounts.

 

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AVID:US $7.45 USD -0.17

AVID Competitors

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Industry Analysis

AVID

Industry Average

Valuation AVID Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.4x
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