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Avid Technology Inc: All Recent News
- Avid Announces Final Financial Results for 2009 Third Quarter 11/16/2009
- Avid® (NASDAQ: AVID) today reported finalfinancial results for the three- and nine-month periods ended September 30,2009. These results reflect corrections of errors identified in itspreviously announced investigation concerning the timing of recognition ofrevenue. As a result of these errors, Avid has determined that it has amaterial weakness in the design and operating effectiveness of its controlsand procedures in Europe relating to ensuring that revenue is recognizedonly after transfer of title and risk of loss to the customer. Market Wire
- Update: Avid to File Its Third Quarter 10-Q Results on... 11/9/2009
- Avid® (NASDAQ: AVID) today announced thatit will delay the filing of its Report on Form 10-Q for the third quarterended September 30, 2009. The report will now be issued on November 16,2009, rather than November 9. The delay is due to additional time requiredfor the previously announced Audit Committee investigation relating toerrors in the recognition of revenue from shipments near the end of fiscalquarters from certain warehouses outside of the United States. Market Wire
- Avid to File Its Third Quarter Results by November 16, 2009 11/9/2009
- Avid® (NASDAQ: AVID) today announced thatit will delay the filing of its Report on Form 10-Q for the third quarterended September 30, 2009. The report will now be issued on November 16,2009, rather than November 9. The delay is due to additional time requiredfor the previously announced Audit Committee investigation relating toerrors in the recognition of revenue from shipments near the end of fiscalquarters from certain warehouses outside of the United States. Market Wire
- Avid Helps Cultivate the Next Generation of News Professionals... 10/27/2009
- Avid® (NASDAQ: AVID) has joined forces withABC News to participate in "ABCNews On Campus" -- an innovative program designed to give tomorrow'smost promising news professionals an opportunity to practice real-worldnews gathering, production and broadcasting. "ABC News On Campus" studentscapture, produce, edit and distribute news stories in their local area,which are often featured across ABC News programs. This year, students fromsix universities, including Arizona State University, Syracuse University,University of Florida, University of Nebraska-Lincoln, University of... Market Wire
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