Avid Tech Revenue, Profits - AVID Annual Income Statement

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$4.83 $0.01 (0.21%) AVID stock closing price Feb 23, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Avid Tech stock price. The income statement is a summary of the revenue or sales, expenses and profitability - shown as Net Income, or lack of it. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the AVID stock is bound to reflect the impact of the YOY growth of 1.25%. The Avid Tech profit and loss statement for 2016 shows a net profit of $48.21M. Profits for last year was $2.48M. Apart from this an investor should also check Avid Tech assets and Avid Tech free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Avid Tech Revenues or Net Sales
511.93M505.59M530.25M563.41M635.7M677.93M678.52M628.97M844.9M
Cost Of Goods Sold (COGS)179.2M197.44M204.47M223.9M249M320.91M327.77M305.94M452.47M
Avid Tech Gross Profit
332.72M308.15M325.78M339.5M386.69M357.02M350.74M323.02M392.42M
Research & Development Expense81.56M95.89M90.39M95.24M98.87M118.1M120.22M120.98M148.59M
Selling General & Admin Expense184.64M202.92M214.06M216.83M230.38M251.17M256.94M261.4M299.45M
Income Before Depreciation Depletion Amortization66.51M9.32M21.32M27.41M57.43M-12.25M-26.42M-59.37M-55.62M
Depreciation Depletion Amortization2.49M2.35M1.62M2.64M4.25M8.52M9.74M10.51M142.82M
Non Operating Income--0.06M-1.01M--0.49M-0.01M--3.5M
Interest Expense18.9M6.34M1.77M1.57M1.54M2.05M---
Avid Tech Pretax Income
45.34M-16.91M24.09M51.13M-22.84M-36.55M-70M-195.51M
Provision for Income Taxes-2.87M-1.91M2.18M2.93M4.04M---1.65M2.66M
MinorityInterest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations48.21M2.48M14.72M21.15M47.08M-23.79M-36.95M-68.35M-198.17M
Extraordinary Items & Discontinued Operations----45.8M----
Avid Tech Profit/ Loss (Net Income)
48.21M2.48M14.72M21.15M92.89M-23.79M-36.95M-68.35M-198.17M
Average Shares used to compute Diluted EPS40.18M40.38M39.27M39.07M-38.44M37.9M37.29M37.56M
Average Shares used to compute Basic EPS40.02M39.42M39.15M39.07M-38.44M37.9M37.29M37.56M
Income Before Nonrecurring Items67.02M18.73M43.58M50.25M--4.43M-4.31M-26.08M-39.44M
Income from Nonrecurring Items-18.8M-16.25M-28.86M-29.09M--19.37M-32.28M-42.28M-90.37M
Avid Tech Earnings Per Share Basic Net
1.200.060.380.542.39-0.62-0.97-1.83-3.46
Avid Tech Earnings Per Share Diluted Net
1.2M-----0.62M-0.97M-1.83M-3.46M
EPS Diluted Before Nonrecurring Items1.670.471.111.28--0.12-0.11-0.70-1.05
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Avid Tech stock analysis are:

  • Topline: A growing topline, as seen from the Avid Tech revenue chart, as is the case with Avid Tech indicates a growing business. One needs to compare the YoY topline or sales growth of AVID stock with its peers like PLPM stock and PCYG stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $48.21M for AVID stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called the profit and loss statement. Apart from the AVID income statement, one can check the Avid Tech historical stock prices to check how the price has moved with time.

Avid Tech Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
0.47
Operating Margin
3.5
Net Profit Margin
0.1
Dividend Yield
0%