Avid Technology Net Income

Avid Technology (AVID) currently reports a net income of $13M as of September 2023. That compares with $45M in the prior-year period — down 71.3% year over year. That is below the Technology sector average of $11T. Use the charts on this page to explore Avid Technology's net income history and peer comparisons.

Avid Technology's net income decreased from $45M to $13M — a 71.3% year-over-year decrease (period ending September 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Avid Technology's net income of $13M is lower than the Technology sector average of $11T. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Avid Technology reported $13M in net income as of September 2023. That compares with $45M in the prior-year period — down 71.3% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net income of $13M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $11T. From there, open related valuation or income-statement pages for Avid Technology, and consider following AVID for alerts when major investors trade the stock.