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AVID| Name | Value |
|---|---|
| Revenues | 91.0M |
| Cost of Revenue | 33.1M |
| Gross Profit | 57.9M |
| Operating Expense | 60.4M |
| Operating I/L | -1.9M |
| Other Income/Expense | 0.6M |
| Interest Income | 0.0M |
| Pretax | -6.9M |
| Income Tax Expense | 0.4M |
| Net Income/Loss | -7.3M |
Avid Technology, Inc. develops and sells software and integrated solutions for video and audio content creation, management, and distribution globally. Its products include Media Composer for video editing, Pro Tools for audio production, and Maestro for virtual sets and video wall control. The company also offers Avid NEXIS shared storage systems, FastServe video servers, and hardware products like I/O devices and interfaces. Avid generates revenue through the sale of its software and hardware products, maintenance contracts, support services, professional consulting, and training programs for customers and partners.
