Avid Technology (AVID) Sees Q4 Bookings Topping Expectations
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Avid Announces Preliminary 2015 Fourth Quarter Bookings to Exceed Expectations
January 5, 2016 9:02 AM UTCBURLINGTON, Mass., Jan. 05, 2016 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID) today announced that it anticipates its 2015 fourth quarter bookings will exceed expectations implied by its previously issued guidance and will be an estimated $191 million, which is 21% higher than the top end of the level implied by its prior guidance and 25% higher than reported bookings for the fourth quarter of 2014. On a constant currency basis, estimated fourth... More
