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25 Jul 08
Avid Reports Second Quarter 2008 Results
Avid:
TEWKSBURY, Mass., July 24, 2008 ? Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $222.9 million for the three-month period ended June 30, 2008, compared to $225.3 million for the same period in 2007. GAAP net loss for the quarter was $10.4 million, or $.28 per share, compared to GAAP net loss of $6.0 million, or $.15 per diluted share, in the second quarter of 2007.
TEWKSBURY, Mass., July 24, 2008 ? Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $222.9 million for the three-month period ended June 30, 2008, compared to $225.3 million for the same period in 2007. GAAP net loss for the quarter was $10.4 million, or $.28 per share, compared to GAAP net loss of $6.0 million, or $.15 per diluted share, in the second quarter of 2007.
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