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Avid Technology, Inc. Message Board

  • panicbuying panicbuying Apr 25, 2008 2:37 AM Flag

    Now THAT was a helluva miss

    Yikes! A loss of 30 cents on $198m in revenue, and the consensus was for a profit of 6 cents on $216m.

    Winner: Bob Eucker "just a bit outside" Award

    They blew half their cash buying back shares too! Now the market cap is just going to disintegrate.

 
AVID
13.41Jun 29 4:00 PMEDT