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Mid-Day Market Update: Avid Technology Surges After Q1 Results; James River Group Shares Plunge

Shares of Stealth BioTherapeutics Corp (NASDAQ: MITO) got a boost, shooting 46% to $1.75. Stealth BioTherapeutics presented at the Association for Research in Vision and Ophthalmology meeting with positive data from a post hoc analysis of the Phase 1 ReCLAIM study evaluating elamipretide in patients with non-central geographic atrophy and high risk drusen associated with dry age-related macular degeneration. Avid Technology, Inc. (NASDAQ: AVID) shares were also up, gaining 21% to $26.29 after the company reported better-than-expected Q1 results and raised FY21 guidance. Equities Trading DOWN James River Group Holdings, Ltd. (NASDAQ: JRVR) shares tumbled 31% to $31.88 after the company swung to a loss in the first quarter. The company also priced its 5.65 million share common stock offering at $31 per share.

United kingdomJames riverUnited statesCity ofRaphael bosticRobert kaplanJohns hopkins universityAvid technology incYellow corporationFederal reserve bankSemileds corporationJames river group holdings ltdStealth biotherapeutics corpRegis corporationKellogg companyEnergy information administration

Music Production Software Market will Record an Incremental Growth of USD 296 27 Million During 2021-2025

Share this article NEW YORK, April 27, 2021 /PRNewswire/ The music production software market is set to grow by USD 296.27 million, progressing at a CAGR of almost 8% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Technavio has announced its latest market research report titled Music Production Software Market by Type, End-user, and Geography - Forecast and Analysis 2021-2025 The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ableton AG, Adobe Inc., Apple Inc., Avid Technology Inc., Cockos Inc., Image Line Software NV, MAGIX Software GmbH, PreSonus Audio Electronics Inc., Reason Studios AB, and Steinberg Media Technologies GmbH are some of the major market participants. The Increasing adoption of DJ software to produce music will offer immense growth opportunities. To leverage the current opportunities, mar

United statesUnited kingdomJesse maidaAvid technology incImage line softwareTechnavio researchMusic production software marketAdobe incSoftware gmbGlobal intellectual property softwareInformation technologyPresonus audio electronics incCockos incApple incReason studiosSteinberg media technologies gmbh

Avid Technology, Inc (NASDAQ:AVID) - Avid Partners, LiveU To Enable Ingestion Of IP Streams

Avid Technology, Inc (NASDAQ:AVID) - Avid Partners, LiveU To Enable Ingestion Of IP Streams
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Raul albaAvid technology incAvid director raul albaரால் ஆல்பாஆர்வமுள்ள தொழில்நுட்பம் இன்க்

Avid Technology Inc (AVID) Q4 2020 Earnings Call Transcript

Operator Good afternoon, ladies and gentlemen and welcome to the Avid Technology s Fourth Quarter and Full Year Earnings Conference Call. [Operator Instructions] Now let me turn the call over to Whit Rappole, VP of Investor Relations. Whit Rappole Vice President, Corporate Development and Investor Relations Thank you, Karina. Good afternoon, everyone. And thank you for joining us today for Avid Technology s fourth quarter and full year 2020 earnings call for the period ending December 31, 2020. 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.

United statesSamad samanaJeff rosicaKen gayronSamad samana jefferiesWhit rappoleSteven frankelAvid technology incCorporate developmentAvid technology fourth quarterAvid technologyFourth quarterFull year earnings conferenceVice presidentChief executive officerChief financial officer

Avid Technology Announces Q4 and FY 2020 Results

Avid Technology Announces Q4 and FY 2020 Results March 09, 2021 16:05 ET | Source: Avid Technology, Inc. Avid Technology, Inc. Burlington, Massachusetts, UNITED STATES 15.3% Sequential Revenue Growth in the Fourth Quarter as End Markets Continue to Recover from COVID-19 Downturn 54.9% Year-Over-Year Subscription Revenue Growth in the Fourth Quarter Driven by Net Increase of Approximately 27,000 Paid Subscriptions and Strong Enterprise Subscription Sales in the Quarter $30.7 million in Net Cash Provided by Operating Activities in the Fourth Quarter Leading to Free Cash Flow of $30.6 million in the Quarter BURLINGTON, Mass., March 09, 2021 (GLOBE NEWSWIRE) Avid ® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced its financial results for the fourth quarter and full year ended December 31, 2020.

United statesJeff rosicaJim sheehanKen gayronWhit rappoleAvid technology incExchange commissionSecurities exchangeAvid technologySequential revenue growthFourth quarterEnd markets continueYear over subscription revenue growthFourth quarter drivenNet increaseStrong enterprise subscription sales