Avid Technology's operating income is $18M.
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+ FollowAs of Sep 30, 2023
Trailing 12 months ending Sep 30, 2023
Avid Technology posts a operating income of $18M as of September 2023. That compares with $55M in the prior-year period — down 68.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Avid Technology's operating income was $55M. The latest reading is $18M — a 68.0% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.
Operating Income is one piece of Avid Technology's financial statement story. At $18M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.
Context for AVID's operating income usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Avid Technology's other metric pages and overview cover the third.
Judging Avid Technology against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in operating income easier to interpret. Start with $18M here, then scan peer and history charts to see if the gap is persistent.