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February 10, 1997updated 05 Sep 2016 1:04pm

COMPANY RESULT: AVID TECHNOLOGY INC

By CBR Staff Writer

Avid Technology Inc saw fourth quarter net losses of $4.8m against profits last time of $1.5m on revenue up 3.0% at $113.2m; net losses for the year to December 31 $38.0m against profits of $15.4m last time on revenue up 5.5% to $429.0m.

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