Avid Technology Inc Revenue Growth Rates (AVID), Current and Historic Growth - CSIMarket
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• Op. Income Y/Y
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Avid Technology Inc   (NASDAQ: AVID)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

AVID's Revenue Growth by Quarter and Year

Avid Technology Inc 's Revenue results by quarter and year



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AVID Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
4th Quarter December -
3rd Quarter September 91.01
2nd Quarter June 108.54
1st Quarter March 97.81
FY 297.36

AVIDs Annual Revenue
Avid Technology Inc 's Revenue in the fiscal year 2022 $ 417.41 millions
Avid Technology Inc 's Revenue in the fiscal year 2021 $ 409.94 millions
Avid Technology Inc 's Revenue in the fiscal year 2020 $ 360.47 millions
Avid Technology Inc 's Revenue in the fiscal year 2019 $ 411.79 millions
Avid Technology Inc 's Revenue in the fiscal year 2018 $ 413.28 millions




AVID Revenue third quarter 2023 Y/Y Growth Comment
Avid Technology Inc reported fall in Revenue in the third quarter 2023 by -11.63% to $ 91.01 millions, from the same quarter in 2022.
The decline in the third quarter 2023 Avid Technology Inc 's Revenue compares unfavorably to the Company's average Revenue decrease of -3.75%.

Looking into third quarter 2023 results within Software & Programming industry 174 other companies have achieved higher Revenue growth. While Avid Technology Inc ' s Revenue decrease of -11.63% ranks overall at the positon no. 2978 in the third quarter 2023.


AVID Revenue ( Y/Y Growth %) 2023
 2022 2021 2020
4th Quarter December - -2.49 % 14.15 % -10.33 %
3rd Quarter September -11.63 % 1.33 % 12.4 % -3.24 %
2nd Quarter June 11.12 % 2.95 % 19.68 % -19.68 %
1st Quarter March -2.82 % 6.67 % 9.15 % -16.33 %
FY   - 1.82 % 13.73 % -

Financial Statements
Avid Technology Inc 's third quarter 2023 Revenue $ 91.01 millions AVID's Income Statement
Avid Technology Inc 's third quarter 2022 Revenue $ 102.99 millions Quarterly AVID's Income Statement


AVID Revenue (Quarter on Quarter Growth %)

 2023
 2022 2021 2020
4th Quarter December - 12.73 % 17.14 % 15.34 %
3rd Quarter September -16.15 % 5.44 % 7.12 % 14.06 %
2nd Quarter June 10.97 % -2.95 % 0.55 % -8.29 %
1st Quarter March -15.75 % -15.46 % -9.53 % -25.67 %
FY (Year on Year)   - 1.82 % 13.73 % -


Back to AVID Growth rate Comparisons >> Back to AVID Growth rate Comparisons >>


Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #175
Technology Sector #474
Overall #2978

Revenue Y/Y Growth Statistics
High Average Low
22.14 % -3.75 % -63.43 %
(Jun 30 2016)   (Dec 31 2014)
Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #175
Technology Sector #474
Overall #2978
Revenue Y/Y Growth Statistics
High Average Low
22.14 % -3.75 % -63.43 %
(Jun 30 2016)   (Dec 31 2014)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Avid Technology Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
152.41 % 1.43 % -61.5 %
(Dec 31 2013)  


AVID's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2023 Avid Technology Inc disclosed fall in Revenue from the second quarter by -16.15% to $ 91.01 millions, from $ 108.54 millions achived in the previous reporting period.

Although periodic circumstance commonly energize III. Quarter 2023 Revenue, this plainly could not be substantial to rescue Software & Programming's company achievement, Most analysts pointed out.

Within Software & Programming industry 184 other companies have achieved higher Revenue quarter on quarter growth. While Avid Technology Inc 's Revenue growth quarter on quarter, overall rank is 3567.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #185
Technology Sector #543
Overall #3567
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #185
Technology Sector #543
Overall #3567
Revenue Q/Q Growth Statistics
High Average Low
152.41 % 1.43 % -61.5 %
(Dec 31 2013)  


AVID's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2023 Avid Technology Inc disclosed fall in Revenue from the second quarter by -16.15% to $ 91.01 millions, from $ 108.54 millions achived in the previous reporting period.

Although periodic circumstance commonly energize III. Quarter 2023 Revenue, this plainly could not be substantial to rescue Software & Programming's company achievement, Most analysts pointed out.

Within Software & Programming industry 184 other companies have achieved higher Revenue quarter on quarter growth. While Avid Technology Inc 's Revenue growth quarter on quarter, overall rank is 3567.


Avid Technology Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2023)		 12 Months Ending
(Jun 30 2023)		 12 Months Ending
(Mar 31 2023)		 12 Months Ending
(Dec 31 2022)		 12 Months Ending
(Sep 30 2022)
Cumulative Revenue 12 Months Ending $ 413.46 $ 425.44 $ 414.58 $ 417.41 $ 420.38
Y / Y Revenue Growth (TTM) -1.65 % 1.53 % -0.4 % 1.82 % 6.38 %
Year on Year Revenue Growth Overall Ranking # 1682 # 1470 # 1515 # 1549 # 1317
Seqeuential Revenue Change (TTM) -2.81 % 2.62 % -0.68 % -0.71 % 0.32 %
Seq. Revenue Growth (TTM) Overall Ranking # 2234 # 2155 # 2464 # 2367 # 1975


Cumulative Revenue growth Comment
For the 12 months ended Sep 30 2023 Avid Technology Inc reported a decrease in Revenue by -1.65% year on year, to $413 millions, compare to the 1.53% growth at Jun 30 2023.

In the Technology sector 282 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1470 to 1682.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 137
Technology Sector # 283
Overall # 1682

Revenue TTM Y/Y Growth Statistics
High Average Low
38.48 %
 -2.18 %
-34.23 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 137
Sector # 357
S&P 500 # 2234
Cumulative Revenue growth Comment
For the 12 months ended Sep 30 2023 Avid Technology Inc reported a decrease in Revenue by -1.65% year on year, to $413 millions, compare to the 1.53% growth at Jun 30 2023.

In the Technology sector 282 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1470 to 1682.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 137
Technology Sector # 283
Overall # 1682

Revenue TTM Y/Y Growth Statistics
High Average Low
38.48 %
-2.18 %
-34.23 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 137
Sector # 357
S&P 500 # 2234




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
AVID's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue decrease for the quarter ending Sep 30 2023 within Technology SectorY/Y Change %Revenue for the quarter ending Sep 30 2023
Stratasys Ltd -0.04%$ -0.036 millions
Trubridge Inc-0.14%$ -0.139 millions
Identiv Inc -0.18%$ -0.177 millions
Powerfleet Inc -0.19%$ -0.193 millions
Infinite Group Inc -0.26%$ -0.263 millions
Livevox Holdings Inc -0.50%$ -0.496 millions
On Semiconductor Corporation-0.54%$ -0.543 millions
Moving Image Technologies Inc -0.56%$ -0.564 millions
Aspen Technology inc -0.57%$ -0.575 millions
Apple Inc -0.72%$ -0.719 millions
Espey Mfg and Electronics Corp -0.78%$ -0.783 millions
Intest Corporation-1.05%$ -1.053 millions
2u inc -1.09%$ -1.093 millions
Varonis Systems Inc -1.12%$ -1.120 millions
Powerdyne International Inc-1.19%$ -1.191 millions
Juniper Networks Inc -1.22%$ -1.216 millions
8x8 Inc -1.28%$ -1.275 millions
Cs Disco Inc -1.37%$ -1.366 millions
Pubmatic Inc -1.42%$ -1.417 millions
Fg Group Holdings Inc -1.64%$ -1.635 millions
Sensata Technologies Holding Plc-1.67%$ -1.666 millions
Varex Imaging Corporation-1.77%$ -1.772 millions
Perficient Inc -1.92%$ -1.923 millions
Veradigm Inc -2.05%$ -2.051 millions
Vizio Holding Corp -2.18%$ -2.184 millions
Ribbon Communications inc -2.23%$ -2.232 millions
Consensus Cloud Solutions Inc -2.25%$ -2.253 millions
Mks Inc -2.31%$ -2.306 millions
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Ibex Limited-2.50%$ -2.501 millions


About Avid Technology Inc Revenue Growth Rates (AVID), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Avid Technology Inc (CIK 896841).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0000896841-23-000153
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Avid Technology Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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