Avid Technology Profit margin
What is the Profit margin of Avid Technology?
The Profit margin of Avid Technology, Inc. is 7.59%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Communication Services sector on NASDAQ compared to Avid Technology
What does Avid Technology do?
behind award-winning films, videos, music recordings, tv shows, live concerts and news broadcasts is avid everywhere — providing content creators with the tools to make, manage, store, distribute and monetize content. the avid mediacentral platform is an open, extensible and customizable foundation that streamlines your entire workflow. it offers four suites: artist, media, storage and studio. the artist suite allows users to create audio, video and graphics with proven and trusted creative tools. with the media suite, users can manage, distribute and monetize media with powerful collaborative systems. the storage suite allows users to capture, store, protect and play media with high-performance systems. and with the studio suite, users can captivate and engage viewers with in-studio and sports enhancement tools. whether you’re in audio and music production, broadcast and media, or video production, avid addresses your key needs and provides a more efficient way of working.
Companies with profit margin similar to Avid Technology
- Anhui Conch Cement Co has Profit margin of 7.58%
- Anhui Conch Cement has Profit margin of 7.58%
- Euronet Worldwide Inc has Profit margin of 7.58%
- Prakash Pipes has Profit margin of 7.59%
- Trigano SA has Profit margin of 7.59%
- MBV International Ltd has Profit margin of 7.59%
- Avid Technology has Profit margin of 7.59%
- Yadea has Profit margin of 7.59%
- HBL Power Systems has Profit margin of 7.60%
- Vascon Engineers has Profit margin of 7.60%
- Cbiz Inc has Profit margin of 7.60%
- Ziprecruiter has Profit margin of 7.60%
- Smiths Plc has Profit margin of 7.61%