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Avid Technology Earnings Perspective: Return On Capital Employed

Avid Technology AVID

According to Benzinga Pro, during Q4, Avid Technology (NASDAQ:AVID) earned $15.22 million, a 2.98% increase from the preceding quarter. Avid Technology also posted a total of $119.06 million in sales, a 17.14% increase since Q3. Avid Technology earned $14.78 million, and sales totaled $101.64 million in Q3.

What Is ROCE?

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