Benzinga | Nov 9, 2021 05:50PM EST

Avid Technology Q3 EPS $0.27 Beats $0.25 Estimate, Sales $101.60M Beat $96.69M Estimate

Avid Technology (NASDAQ:AVID) reported quarterly earnings of $0.27 per share which beat the analyst consensus estimate of $0.25 by 8 percent. This is unchanged from the same period last year. The company reported quarterly sales of $101.60 million which beat the analyst consensus estimate of $96.69 million by 5.08 percent. This is a 12.35 percent increase over sales of $90.43 million the same period last year.