Avid’s accounting needs some editing

February 26, 2013, 07:48 AM

http://bostonherald.com/business/technology/techno...

Burlington’s Avid Technology went from celebrating “Argo” to just plain “Argh” yesterday. The maker of digital editing tools used to create the Oscar-winning film, among many others, disclosed it would indefinitely delay its quarterly earnings release because of an accounting issue. That announcement, issued the morning after the Academy Awards ceremony, sent the company’s stock stumbling like Jennifer Lawrence, who tripped on her way to accept best-actress honors for another Avid...