Avid Technology Postpones Conference Call to Discuss Q4 and FY 2016 Financial Results
BURLINGTON, Mass., March 15, 2017 (GLOBE NEWSWIRE) -- Avid® (NASDAQ:AVID) announced the postponement of the conference call scheduled for March 15, 2017 at 5:00 p.m. Eastern Time to discuss its Fourth Quarter financial results.
The postponement will allow the company’s independent auditor to complete its routine procedures related to the 2016 financial audit. The company is working diligently to assist its auditor in completing this process as quickly as possible.
The company looks forward to announcing its audited Fourth Quarter 2016 financial results and issuing First Quarter and Full Year 2017 guidance, and plans to reschedule its earnings conference call as soon as possible.
About Avid
Through Avid Everywhere™, Avid delivers the most open and efficient media platform, connecting content creation with collaboration, asset protection, distribution and consumption. Avid’s preeminent customer community uses Avid’s comprehensive tools and workflow solutions to create, distribute and monetize the most watched, loved and listened to media in the world—from prestigious and award-winning feature films, to popular television shows, news programs and televised sporting events, and celebrated music recordings and live concerts. With the most flexible deployment and pricing options, Avid’s industry-leading solutions include Pro Tools®, Media Composer®, Avid NEXIS™, Interplay®, ProSet™ and RealSet™, Maestro™, PlayMaker™, and Sibelius®. For more information about Avid solutions and services, visit www.avid.com, connect with Avid on Facebook, Instagram, Twitter, YouTube, LinkedIn, or subscribe to Avid Blogs.
© 2017 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Avid Everywhere, Avid NEXIS, iNEWS, Interplay, AirSpeed, MediaCentral, Media Composer, PhaseFind, Pro Tools, ScriptSync and Sibelius are trademarks or registered trademarks of Avid Technology, Inc. or its subsidiaries in the United States and/or other countries. The Interplay name is used with the permission of the Interplay Entertainment Corp. which bears no responsibility for Avid products. Product features, specifications, system requirements and availability are subject to change without notice.
CONTACT: PR Contact: Sara Griggs Avid sara.griggs@avid.com 310-907-6909 Investor Contact: Robert Roose Avid robert.roose@avid.com
About Avid Technology, Inc.
People who create media for a living become greater creators with Avid’s award-winning technology solutions to make, manage and monetize today’s most celebrated video and audio content—from iconic movies and bingeworthy TV series, to network news and sports, to recorded music and the live stage. What began more than 30 years ago with our invention of nonlinear digital video editing has led to individual artists, creative teams and organizations everywhere subscribing to our powerful tools and collaborating securely in the cloud. We continue to re-imagine the many ways editors, musicians, producers, journalists and other content creators will bring their stories to life. Discover the possibilities at avid.com and join the conversation on social media with the multitude of brilliant creative people who choose Avid for a lifetime of success.
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