shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

Avid Technology’s Move To The Cloud Gains Traction

April 29th, 2020 · No Comments

  • The company has long been struggling to get growing again with a number of false dawns the past decade in a competitive industry.
  • However, it looks like its focus on SaaS solutions is finally starting to pay off, gaining critical mass.
  • The economic effects of the COVID-19 pandemic will hide much of that progress this year though, but the shares are already cheap enough in our view.

Source: Avid Technology’s Move To The Cloud Gains Traction (NASDAQ:AVID) | Seeking Alpha

Tags: AVID