Avid Technology, Inc.
AVID · NASDAQ
12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |
|---|---|---|---|---|
| Revenue | $417,413 | $409,944 | $360,466 | $411,788 |
| % Growth | 1.8% | 13.7% | -12.5% | – |
| Cost of Goods Sold | $142,975 | $144,140 | $132,146 | $162,713 |
| Gross Profit | $274,438 | $265,804 | $228,320 | $249,075 |
| % Margin | 65.7% | 64.8% | 63.3% | 60.5% |
| R&D Expenses | $66,904 | $65,559 | $57,018 | $62,343 |
| G&A Expenses | $57,189 | $57,372 | $47,052 | $53,362 |
| SG&A Expenses | $153,166 | $152,866 | $134,689 | $153,306 |
| Sales & Mktg Exp. | $95,977 | $95,494 | $87,637 | $99,944 |
| Other Operating Expenses | $832 | $0 | $868 | $694 |
| Operating Expenses | $220,070 | $218,425 | $191,707 | $216,343 |
| Operating Income | $53,855 | $46,263 | $31,567 | $32,103 |
| % Margin | 12.9% | 11.3% | 8.8% | 7.8% |
| Other Income/Exp. Net | -$8,518 | -$2,308 | -$19,133 | -$29,578 |
| Pre-Tax Income | $45,337 | $43,955 | $12,434 | $2,525 |
| Tax Expense | -$9,904 | $2,567 | $1,372 | -$5,076 |
| Net Income | $55,241 | $41,388 | $11,062 | $7,601 |
| % Margin | 13.2% | 10.1% | 3.1% | 1.8% |
| EPS | 1.24 | 0.92 | 0.25 | 0.18 |
| % Growth | 34.8% | 268% | 38.9% | – |
| EPS Diluted | 1.23 | 0.89 | 0.25 | 0.17 |
| Weighted Avg Shares Out | 44,531 | 45,101 | 43,822 | 42,649 |
| Weighted Avg Shares Out Dil | 44,856 | 46,303 | 44,878 | 43,495 |
| Supplemental Information | – | – | – | – |
| Interest Income | $45 | $6 | $70 | $36 |
| Interest Expense | $9,350 | $7,149 | $19,133 | $29,578 |
| Depreciation & Amortization | $9,669 | $14,211 | $13,551 | $14,263 |
| EBITDA | $63,524 | $60,474 | $31,567 | $32,103 |
| % Margin | 15.2% | 14.8% | 8.8% | 7.8% |