Avid Technology, Inc.

AVID · NASDAQ
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12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenue$417$410$360$412
% Growth1.8%13.7%-12.5%
Cost of Goods Sold$143$144$132$163
Gross Profit$274$266$228$249
% Margin65.7%64.8%63.3%60.5%
R&D Expenses$67$66$57$62
G&A Expenses$57$57$47$53
SG&A Expenses$153$153$135$153
Sales & Mktg Exp.$96$95$88$100
Other Operating Expenses$1$0$1$1
Operating Expenses$220$218$192$216
Operating Income$54$46$32$32
% Margin12.9%11.3%8.8%7.8%
Other Income/Exp. Net-$9-$2-$19-$30
Pre-Tax Income$45$44$12$3
Tax Expense-$10$3$1-$5
Net Income$55$41$11$8
% Margin13.2%10.1%3.1%1.8%
EPS1.240.920.250.18
% Growth34.8%268%38.9%
EPS Diluted1.230.890.250.17
Weighted Avg Shares Out45454443
Weighted Avg Shares Out Dil45464543
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$9$7$19$30
Depreciation & Amortization$10$14$14$14
EBITDA$64$60$32$32
% Margin15.2%14.8%8.8%7.8%
Avid Technology, Inc. (AVID) Financial Statements & Key Stats | AlphaPilot