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October 23, 2009, 8:20 pm
Avid today announced that it will delay the filing of its Report on Form 10-Q for the third quarter ended September 30, 2009. The report will now be issued on November 16, 2009, rather than November 9. The delay is due to additional time required for the previously announced Audit Committee investigation relating to errors in the recognition of revenue from shipments near the end of fiscal quarters from certain warehouses outside of the United States.
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