Article Humour Video Blog Audio Industry News Site News Tutorial Press Release Events
Avid Announces Q2 2020 Results - 68% Year-Over-Yea

August 6, 2020, 01:08 PM

Avid, the makers of Pro Tools, has announced Q2 2020 results, which show some impressive numbers. If nothing else it shows just how valuable the software subscription model is for them, the company reported record subscription revenue of $16.4 million, up 68% year-over-year, a net increase of 24,000 Subscriptions in the Quarter. However total revenue was $79.3 million, down 19.7% year-over-year.

© 2007-2023 Ver. 3.0 All Content created and posted by Art of the Guillotine users Art of the Guillotine graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Art of the Guillotine Inc. Use of this material outside of this site is strictly prohibited.