Avid Announces Results for Second Quarter

July 22, 2011, 12:24 PM

http://www.avid.com/US/press-room/Avid-Announces-R...

Avid (NASDAQ: AVID) today reported revenues of USD161.3 million for the three-month period ended June 30, 2011, compared to USD162.2 million for the same period in 2010. The GAAP net loss for the second quarter was USD11.9 million, or USD0.31 per share, compared to a GAAP net loss of USD12.9 million, or USD0.34 per share, in the second quarter of 2010.

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