|Bid||26.67 x 800|
|Ask||27.40 x 1200|
|Day's range||26.52 - 27.60|
|52-week range||20.83 - 37.31|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||25.85|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Good afternoon, ladies and gentlemen and welcome to Avid Technology's second quarter 2022 earnings conference call for the period ended June 30, 2022. My name is Whit Rappole, Avid's vice president, corporate development and investor relations. With me this afternoon are Jeff Rosica, our chief executive officer and president; and Ken Gayron, our chief financial officer and EVP.
Avid (AVID) delivered earnings and revenue surprises of 4% and 1.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Avid (AVID) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.