Avid Technology EBIT

Avid Technology's ebit stands at $23M as of September 2023. That compares with $55M in the prior-year period — down 59.1% year over year. That is below the Technology sector average of $12T. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Avid Technology reported $23M in EBIT versus $55M a year earlier — a 59.1% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Avid Technology sits lower the Technology benchmark ($12T) with a EBIT of $23M. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $55M in the prior-year period — down 59.1% year over year. Sustained growth in EBIT can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Avid Technology's EBIT evolved across reporting periods, while the comparison chart places AVID next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.