Avid Announces Second Quarter 2010 Results

July 22, 2010, 05:07 PM

http://www.avid.com/US/press-room/Avid-Announces-S...

Avid today reported revenues of $162.2 million for the three-month period ended June 30, 2010, compared to $150.5 million for the same period in 2009. The GAAP net loss for the quarter was $12.9 million, or $0.34 per share, compared to a GAAP net loss of $15.9 million, or $0.43 per share, in the second quarter of 2009.

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