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Item 8.01 Other Events.

Attached as Exhibit 99.1, and incorporated by reference herein,
is a presentation the Company is using in meetings with its
investors (the Presentation).
Non-GAAP and Operational Measures. The attached Presentation
includes non-GAAP operating expenses, non-GAAP revenue, non-GAAP
gross margin, non-GAAP adjusted EBITDA, and non-GAAP adjusted
free cash flow. Non-GAAP operating income (loss), non-GAAP
operating expenses, non-GAAP gross margin and non-GAAP net income
per share exclude restructuring costs, stock based compensation,
amortization and impairment of intangibles as well as other
unusual items such as costs related to the restatement, MA
related activity, efficiency program and impact of significant
legal settlements. Avid defines non-GAAP revenue as GAAP revenue
plus revenue eliminated through the application of purchase
accounting which requires acquired deferred revenue to be
recorded at fair value rather than the amount paid by customers.
Avid defines adjusted EBITDA as non-GAAP operating income (loss)
excluding depreciation and all amortization expense. Avid defines
non-GAAP adjusted free cash flow as GAAP operating cash flow less
capital expenditures and excludes from free cash flow payments or
receipts related to MA, significant legal settlements,
restructuring, restatement or other non-operational or
non-recurring events. These non-GAAP measures reflect how Avid
manages its businesses internally. Avids non-GAAP measures may
vary from how other companies present non-GAAP measures. Non-GAAP
financial measures are not based on a comprehensive set of
accounting rules or principles. This non-GAAP information
supplements, and is not intended to represent a measure of
performance in accordance with, disclosures required by generally
accepted accounting principles, or GAAP. Non-GAAP financial
measures should be considered in addition to, not as a substitute
for or superior to, financial measures determined in accordance
with GAAP. The attached Presentation, also include operational
measures, such as bookings, recurring revenue bookings and
revenue backlog. Definitions of these measures are included in
the supplemental financial and operational data sheet available
on our investor relations webpage at ir.avid.com.
Cautionary Note Regarding Forward-Looking Statements. Except for
historical information contained in the Presentation attached as
Exhibit 99.1 hereto, the Presentation contains forward-looking
statements that involve certain risks and uncertainties that
could cause actual results to differ materially from those
expressed or implied by these statements. Please refer to the
cautionary notes in the Presentation regarding these
forward-looking statements.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Investor Presentation, dated April 3, 2017


Avid Technology, Inc. is a provider of an open and integrated technology platform, along with applications and services that enable the creation, distribution and monetization of audio and video content. The Company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution. The Company’s products are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communication departments, and by independent video and audio creative professionals, as well as aspiring professionals and enthusiasts. Projects produced using its products include feature films, television programs, live events, news broadcasts, commercials, music, video and other digital media content.

AVID TECHNOLOGY, INC. (NASDAQ:AVID) Recent Trading Information

AVID TECHNOLOGY, INC. (NASDAQ:AVID) closed its last trading session 00.00 at 4.66 with 429,796 shares trading hands.

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