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AVID Stock Price History and Quote Analysis Insights for Investors

NASDAQ : AVID

Avid Technology, Inc.

$27.05
0.005+0.02%
Open: 3:59 PM
Not Actively Trading
71.83
BESG ScoreESG Rating

AVID FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

AVID Income Statement


A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2023-09-302023-06-302023-03-312022-12-312022-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20232023202320222022
periodQ3Q2Q1Q4Q3
revenue91.009M108.542M97.811M116.099M102.985M
cost of revenue33.104M42.197M35.618M41.57M33.206M
gross profit57.905M66.345M62.193M74.529M69.779M
gross profit ratio0.6360.6110.6360.6420.678
research and development expenses19.767M20.00M19.426M17.035M17.11M
general and administrative expenses17.582M16.02M16.614M14.948M14.066M
selling and marketing expenses23.004M25.391M22.657M26.015M24.362M
selling general and administrative expenses40.586M41.411M39.271M40.963M38.428M
other expenses21.00K20.00K147.00K825.00K15.00K
operating expenses60.353M61.411M58.697M57.998M55.538M
cost and expenses93.457M103.608M94.315M99.568M88.744M
interest income00000
interest expense5.06M4.214M3.715M3.189M2.741M
depreciation and amortization2.749M2.555M2.444M-6.023M2.327M
ebitda322.00K7.509M5.94M17.356M16.41M
ebitda ratio0.0040.0690.0610.1490.159
operating income-1.859M-528.00K3.496M23.379M14.083M
operating income ratio-0.02-0.0050.0360.2010.137
total other income expenses net610.00K-5.442M-3.568M-9.21M-2.726M
income before tax-6.898M-4.722M-72.00K14.169M11.357M
income before tax ratio-0.076-0.044-0.0010.1220.11
income tax expense436.00K-126.00K309.00K-11.091M-665.00K
net income-7.334M-4.596M-381.00K25.26M12.022M
net income ratio-0.081-0.042-0.0040.2180.117
eps-0.17-0.10-0.0090.580.27
eps diluted-0.17-0.10-0.0090.570.27
weighted average shs out44.209M44.099M43.813M43.836M44.476M
weighted average shs out dil44.209M44.099M43.813M43.991M44.703M
Graph

AVID Balance Sheet


Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2023-09-302023-06-302023-03-312022-12-312022-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20232023202320222022
periodQ3Q2Q1Q4Q3
cash and cash equivalents20.963M33.502M20.855M35.247M31.344M
short term investments00000
cash and short term investments20.963M33.502M20.855M35.247M31.344M
net receivables93.072M97.166M94.821M109.144M72.985M
inventory28.591M28.028M26.371M20.981M21.993M
other current assets3.057M3.36M2.538M2.826M2.38M
total current assets156.51M173.678M156.295M178.971M139.881M
property plant equipment net50.207M50.369M47.491M45.079M41.768M
goodwill32.643M32.643M32.643M32.643M32.643M
intangible assets00000
goodwill and intangible assets32.643M32.643M32.643M32.643M32.643M
long term investments00000
tax assets15.725M16.352M16.118M15.859M3.972M
other non current assets18.654M20.775M21.364M14.901M19.271M
total non current assets117.229M120.139M117.616M108.482M97.654M
other assets00000
total assets273.739M293.817M273.911M287.453M237.535M
account payables39.528M51.79M50.081M45.904M34.906M
short term debt14.242M10.912M9.716M9.71M8.694M
tax payables25.00K142.00K217.00K62.00K27.00K
deferred revenue35.863M42.114M62.717M76.308M60.63M
other current liabilities56.148M59.447M54.439M58.695M58.04M
total current liabilities145.781M164.263M176.953M190.617M162.27M
long term debt222.377M222.097M191.715M193.428M195.761M
deferred revenue non current24.859M22.367M19.734M17.842M16.045M
deferred tax liabilities non current3.373M3.493M000
other non current liabilities534.00K551.00K4.245M4.348M4.86M
total non current liabilities251.143M248.508M215.694M215.618M216.666M
other liabilities00000
capital lease obligations18.654M19.884M21.025M20.47M20.078M
total liabilities396.924M412.771M392.647M406.235M378.936M
preferred stock00000
common stock466.00K465.00K464.00K462.00K461.00K
retained earnings-1.084B-1.077B-1.072B-1.072B-1.097B
accumulated other comprehensive income loss-6.527M-5.651M-5.286M-5.88M-7.465M
other total stockholders equity966.905M962.927M958.185M958.354M962.581M
total stockholders equity-123.185M-118.954M-118.736M-118.782M-141.401M
total equity-123.185M-118.954M-118.736M-118.782M-141.401M
total liabilities and stockholders equity273.739M293.817M273.911M287.453M237.535M
minority interest00000
total investments00000
total debt236.619M233.009M201.431M203.138M204.455M
net debt215.656M199.507M180.576M167.891M173.111M
Graph

AVID Cash Flow


A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2023-09-302023-06-302023-03-312022-12-312022-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20232023202320222022
periodQ3Q2Q1Q4Q3
deferred income tax632.00K-239.00K-259.00K-11.887M-372.00K
stock based compensation4.903M5.942M5.093M5.541M3.947M
change in working capital-12.107M-23.105M-10.088M-1.052M-7.317M
accounts receivables2.366M4.164M14.036M-21.755M-2.049M
inventory-563.00K-1.657M-5.39M1.012M-2.743M
accounts payables-12.262M1.709M4.177M10.999M2.006M
other working capital-1.648M-27.321M-22.911M8.692M-4.531M
other non cash items-481.00K5.822M782.00K2.293M-92.00K
net cash provided by operating activities-11.638M-13.621M-2.556M22.456M10.342M
investments in property plant and equipment-3.79M-6.077M-3.931M-4.184M-3.708M
acquisitions net00000
purchases of investments00000
sales maturities of investments00000
other investing activites00000
net cash used for investing activites-3.79M-6.077M-3.931M-4.184M-3.708M
debt repayment-309.00K-2.431M-2.41M-46.356M-2.227M
common stock issued000928.00K0
common stock repurchased-924.00K-1.685M-5.412M-13.008M-16.66M
dividends paid00000
other financing activites5.00M35.486M044.03M0
net cash used provided by financing activities3.767M31.37M-7.822M-14.406M-18.887M
effect of forex changes on cash-878.00K-562.00K-83.00K37.00K-868.00K
net change in cash-12.539M11.11M-14.392M3.903M-13.121M
cash at end of period23.031M35.57M24.46M38.852M34.949M
cash at beginning of period35.57M24.46M38.852M34.949M48.07M
operating cashflow-11.638M-13.621M-2.556M22.456M10.342M
capital expenditure-3.79M-6.077M-3.931M-4.184M-3.708M
free cash flow-15.428M-19.698M-6.487M18.272M6.634M
Graph

Frequently Asked Questions

How did Avid Technology, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, AVID generated $91.01M in revenue last quarter, while its costs came in at $33.10M.

Last quarter, how much Gross Profit did Avid Technology, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Avid Technology, Inc. reported a $57.91M Gross Profit for the quarter ended Sep 30, 2023.

Have AVID's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. AVID incurred $60.35M worth of Operating Expenses, while it generated -$1.86M worth of Operating Income.

How much Net Income has AVID posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Avid Technology, Inc., the company generated -$7.33M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Avid Technology, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Avid Technology, Inc. as of the end of the last quarter was $20.96M.

What are AVID's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, AVID had Total Net Receivables of $93.07M.

In terms of Total Assets and Current Assets, where did Avid Technology, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of AVID were $156.51M, while the Total Assets stand at $273.74M.

As of the last quarter, how much Total Debt did Avid Technology, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of AVID's debt was $236.62M at the end of the last quarter.

What were AVID's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, AVID reported total liabilities of $396.92M.

How much did AVID's Working Capital change over the last quarter?

Working Capital Change for AVID was -$12.11M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

AVID generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. AVID generated -$11.64M of Cash from Operating Activities during its recently reported quarter.

What was AVID's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. AVID reported a -$12.54M Net Change in Cash in the most recent quarter.

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