[12:02 Sun,28.May 2023 by Thomas Richter] |
According to a report by Reuters news agency, ;){kind=logo}
Actually, the  actual business figures of Avid, which has a market value of more than million, were not bad: so Avid&s annual recurring revenue grew to million, which is an increase of 8.1% compared to the previous year, and the revenue from subscriptions even grew by 30.1%. Still, total revenue was down 2.8% year over year in the first quarter. ;) Avid&s CEO blamed supply chain problems for the lower profit margin on audio hardware sales and the resulting revenue decline at the company&s recent shareholder meeting. Analysts were disappointed, and as a result Avid&s stock price fell 20% since the beginning of the year. The stock market, at any rate, reacted positively to the possible sale: since the rumor became public, however, Avid&s share price has risen by around 20%. How the sale - should it come about - will affect Avid&s software is uncertain. ;)  more infos at bei www.nasdaq.comdeutsche Version dieser Seite: Wechselt Avid bald den Besitzer? |
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