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Avid Technology Inc Q1 adjusted earnings of -$ per share

Below are the earnings highlights for Avid Technology Inc (AVID):

-Earnings: -$8.95 million in Q1 vs. -$1.92 million in the same period last year.
-EPS: -$0.22 in Q1 vs. -$0.05 in the same period last year.
-Revenue: $97.94 million in Q1 vs. $104.11 million in the same period last year.

-Guidance:
Next quarter revenue guidance: $97 - $107 Mln

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