|Bid||32.27 x 800|
|Ask||32.50 x 1100|
|Day's range||31.40 - 33.08|
|52-week range||12.91 - 40.48|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||45.08|
|Earnings date||09 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||42.50|
Good afternoon, everyone, and thank you for joining us today for Avid Technology's third quarter 2021 earnings call for the period ending September 30, 2021. My name is Whit Rappole, Avid's Vice President for Corporate Development and Investor Relations. With me this afternoon are Jeff Rosica, our Chief Executive Officer and President; and Ken Gayron, our Chief Financial Officer and EVP.
Avid (AVID) delivered earnings and revenue surprises of 12.50% and 4.80%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.