Avid Technology, Inc. operates in the Photographic equipment and supplies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Avid Technology with three other
photographic equipment manufacturers in North America:
Ballantyne Strong Incorporated
sales of $92.83 million
of which 67%
was Systems Integration),
based in Canada
(481.51 million Canadian Dollars [US$367.57 million]
of which 29%
was Production and IMAX DMR).
Avid Technology reported sales of $505.60 million
December of 2015.
decrease of 4.6%
versus 2014, when the company's sales were $530.25 million.
Contributing to the drop in overall sales was the 13.7% decline
in Video Products and Solutions Net Revenue, from $233.46 million to $201.56 million.
There were also decreases in sales in
Audio Products and Solutions Net Revenue (down 7.1% to $134.81 million)
However, these declines were partially offset by the increase in sales of
Services Net Revenues (up 11.6% to $169.22 million)