Avid Technology, inc (AVID) Q3 2021 Earnings Call Transcript – Motley Fool

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Avid Technology, inc (NASDAQ:AVID)
Q3 2021 Earnings Call
Nov 9, 2021, 5:30 p.m. ET


  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:


Good afternoon, ladies and gentlemen and welcome to the Avid Technology’s Third Quarter 2021 Earnings Conference Call. Today’s call is being recorded.

At this time, let me turn the call over to your host for today’s call, Whit Rappole, Vice President of Investor Relations. Please go ahead.

Whit Rappole — Vice President Corporate Development And Investor Relations

Thank you, Kristie. Good afternoon, everyone, and thank you for joining us today for Avid Technology’s third quarter 2021 earnings call for the period ending September 30, 2021. My name is Whit Rappole, Avid’s Vice President for Corporate Development and Investor Relations. With me this afternoon are Jeff Rosica, our Chief Executive Officer and President; and Ken Gayron, our Chief Financial Officer and EVP. In their prepared remarks, Jeff will provide an overview of our business and then Ken will provide a detailed review of our financial and operating results, followed by time for your questions. We issued our earnings release earlier this afternoon and we have prepared a slide presentation that we will refer to on this call. The press release and presentation are currently available on our website at ir.avid.com and a replay of this call will be available on our website for a limited time.

During today’s call, management will reference certain non-GAAP financial metrics and operational metrics. In accordance with Regulation G, both the appendix to our earnings release today, the appendix of this presentation and our Investor website contain a reconciliation of the most closely associated GAAP financial information to the non-GAAP measures and also definitions for the operational metrics used on this call and in this presentation. Unless otherwise noted, all figures noted by management during the call are non-GAAP figures, except for revenue, which is always GAAP.

In addition, certain statements made during today’s presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our comments and answers to your questions on this call as well as the accompanying slide deck may include statements that are forward-looking and that pertain to future results or outcomes. Actual future results or occurrences may differ materially from these forward-looking statements. For more information, including a …….

Source: https://www.fool.com/earnings/call-transcripts/2021/11/10/avid-technology-inc-avid-q3-2021-earnings-call-tra/

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