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 $76.73 million
of which 54%
based in Canada
(498.59 million Canadian Dollars [US$396.02 million]
of which 28%
was Production and IMAX DMR).
Avid Technology reported sales of $511.93 million
December of 2016.
a very small
increase of 1.3%
versus 2015, when the company's sales were $505.60 million.
Despite this increase, sales are still
below the level achieved in 2014, when Avid Technology
reported sales of $530.25 million.
Sales of Services Net Revenues saw an increase
that was more than double the company's growth rate: sales were up
35.2% in 2016, from
$169.22 million to $228.82 million.
Not all segments of Avid Technology experienced an increase in sales in 2016:
sales of Video Products and Solutions Net Revenue fell 22.9% to $155.41 million.
Avid Technology also experienced decreases in sales in
Audio Products and Solutions Net Revenue (down 5.3% to $127.70 million)