Avid pro tools 2018 key Archives

Avid pro tools 2018 key Archives

Avid pro tools 2018 key Archives

Avid pro tools 2018 key Archives

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________

FORM 10-Q

 

(Mark One)

 

 

 

x

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

For the quarterly period ended June 30, 2018

 

 

OR

 

 

¨

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

For the transition period from __________ to __________

 

Commission File Number:  1-36254

__________________

Avid Technology, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

(State or Other Jurisdiction of

Incorporation or Organization)

 

04-2977748

(I.R.S. Employer

Identification No.)

 

75 Network Drive

Burlington, Massachusetts  01803

(Address of Principal Executive Offices, Including Zip Code)

(978) 640-6789

(Registrant’s Telephone Number, Including Area Code)

__________________

Indicate by check mark whether the registrant:  (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.  Yes x   No ¨

Indicate by check mark whether the registrant has submitted and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes x   No ¨ 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 under the Exchange Act.

 

Large Accelerated Filer ¨

Non-accelerated Filer ¨

(Do not check if smaller reporting company)

 

Accelerated Filer x

Smaller Reporting Company ¨

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 under the Exchange Act).  Yes ¨   No x

The number of shares outstanding of the registrant’s Common Stock, par value $0.01, as of August 6, 2018 was 41,790,314.


AVID TECHNOLOGY, INC.

FORM 10-Q

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2018

TABLE OF CONTENTS


CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q (“Form 10-Q”) includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained in this Form 10-Q that relate to future results or events are forward-looking statements. Forward-looking statements may be identified by use of forward-looking words, such as “anticipate,” “believe,” “confidence,” “could,” “estimate,” “expect,” “feel,” “intend,” “may,” “plan,” “should,” “seek,” “will” and “would,” or similar expressions.

Forward-looking statements may involve subjects relating to, among others, the following:

our ability to successfully implement our strategy, including our cost saving strategies;

the anticipated trends and developments in our markets and the success of our products in these markets;

our ability to develop, market and sell new products and services;

our business strategies and market positioning;

our ability to achieve our goal of expanding our market positions;

anticipated trends relating to our sales, financial condition or results of operations, including our shift to a recurring revenue model and complex enterprise sales with elongated sales cycles;

the expected timing of recognition of revenue backlog as revenue, and the timing of recognition of revenues from subscription offerings;

our ability to successfully consummate acquisitions or investment transactions and successfully integrate acquired businesses;

our anticipated benefits and synergies from, and the anticipated financial impact of, any acquired business;

the anticipated performance of our products;

changes in inventory levels;

plans regarding repatriation of foreign earnings;

the outcome, impact, costs and expenses of any litigation or government inquiries to which we are or become subject;

the effect of the continuing worldwide macroeconomic uncertainty on our business and results of operations, including Brexit;

our ability to accelerate growth of our Cloud-enabled platform;

our compliance with covenants contained in the agreements governing our indebtedness;

our ability to service our debt and meet the obligations thereunder, including our ability to satisfy our conversion and repurchase obligations under our convertible notes due 2020;

fluctuations in foreign exchange and interest rates;

the risk of restatement of our financial statements;


estimated asset and liability values and amortization of our intangible assets;

our capital resources and the adequacy thereof; and

worldwide political uncertainty, in particular the risk that the United States may withdraw from or materially modify NAFTA or other international trade agreements.

Actual results and events in future periods may differ materially from those expressed or implied by forward-looking statements in this Form 10-Q. There are a number of factors that could cause actual events or results to differ materially from those indicated or implied by forward-looking statements, many of which are beyond our control, including the risk factors discussed herein and in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2017, in Part II and in other documents we file from time to time with the U.S. Securities and Exchange Commission (“SEC”). In addition, the forward-looking statements contained in this Form 10-Q represent our estimates only as of the date of this filing and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements in the future, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise.

We own or have rights to trademarks and service marks that we use in connection with the operation of our business.  Avid is a trademark of Avid Technology, Inc.  Other trademarks, logos, and slogans registered or used by us and our subsidiaries in the United States and other countries include, but are not limited to, the following:  Avid Everywhere, Avid NEXIS, AirSpeed, EUCON, iNEWS, Interplay, MediaCentral, Mbox, Media Composer, NewsCutter, Nitris, Pro Tools, Sibelius and Symphony.  Other trademarks appearing in this Form 10-Q are the property of their respective owners.


PART I - FINANCIAL INFORMATION

ITEM 1.

CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AVID TECHNOLOGY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands except per share data, unaudited)

 

Three Months Ended

 

Six Months Ended

 

June 30,

 

June 30,

 

2018

 

2017

 

2018

 

2017

Net revenues:

 

 

 

 

 

 

 

Products

$

46,379

 

$

47,655

 

$

92,789

 

$

98,661

Services

52,236

 

54,718

 

103,763

 

107,819

Total net revenues

98,615

 

102,373

 

196,552

 

206,480

 

 

 

 

 

 

 

Cost of revenues:

 

 

 

 

 

 

 

Products

26,347

 

26,489

 

52,642

 

50,993

Services

13,986

 

14,181

 

27,971

 

28,275

Amortization of intangible assets

1,950

 

1,950

 

3,900

 

3,900

Total cost of revenues

42,283

 

42,620

 

84,513

 

83,168

Gross profit

56,332

 

59,753

 

112,039

 

123,312

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

Research and development

15,985

 

16,991

 

31,670

 

35,879

Marketing and selling

27,759

 

29,018

 

53,891

 

54,829

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, Avid pro tools 2018 key Archives

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Avid pro tools 2018 key Archives

View Full Version : Pro Tools 2018


Pages :1 [2] 345678

  1. Video Window Full Screen Problem
  2. Cloud license to USB?
  3. Does the 2018 boxed version come with iLok 2 or 3 and ...
  4. Midi Editor Instrument Selector
  5. Elastic Audio freakout?
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  8. Changing the tempo issue in 2018.1
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  15. 2018 demo
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  20. Apogee AD16/DA16
  21. PT 2018 sluggish vs Logic Pro snappy
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  24. midi automation
  25. Instrument tracks do not record MIDI
  26. No amp noise when Solo
  27. Video *editing* in Pro Tools HD?
  28. Shift C shortcut?
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  31. Waveform View And Volume
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  34. Annual subscriptions are purchased
  35. structure free library missing since 2018 update
  36. Favorite Plugins Not Saved
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  69. Avid fix your tech support
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  72. can't sign in
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  75. how long Til avid.com back up?
  76. SITE DOWN! Really, Avid??
  77. Weird UI glitches in 2018.3 on macOS 10.13.3
  78. Question: Sierra or High Sierra for PTHD 2018.3?
  79. Reverting from 2018.3 to 2018.1
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  81. Eligibility to download Pro Tools 2018.3
  82. Elastic Audio
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  85. And...Avid.com is once again down
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  87. Is the i7 8700K processor good enough for PT Native?
  88. For PT 2018.3: Mac OS X 10.13.2 or 10.13.3?
  89. 2018.3 Edit window bug
  90. no diagonal straight lines in Automation
  91. Menus don't work when re-opening a session that uses Rewire; Windows 10, PT 2018.3
  92. PT 2018 windows position multi monitor issue
  93. MOTU AVB & Protools Incompatible
  94. Pro Tools 2018.3 HD Driver crashing
  95. PT 2018.3 sonarworks reference4 only Audio Suite
  96. Pro Tools 2018 doesn't show Komplete Inst.
  97. Should I upgrade?
  98. Pro Tools perpetual license - what's included?
  99. Global Cut/Copy/Paste i.e. For All Playlists
  100. Playlist take 'shifter' into the same tracks
  101. Importing Track Labels
  102. Audio files on different hard drives reconcile.
  103. Recall track preset
  104. What is this? (freeze issue)
  105. Question about grouping clips...
  106. PT 2018 Program Unexpectedly Quit
  107. PT opening windows
  108. Roland Studio Capture with PT12
  109. -9173 Error HELP
  110. Upgrading from 2018.1 to 2018.3 with Application Manager
  111. VST load
  112. 2018.3 Atmos bed (7.1.2) DSP mixer buggy on bus paths
  113. Strange bounce behavior 2018.3
  114. 2018.3.1 crashes on startup
  115. Every time I use elastic audio, rendered regions have disappeared on reopen
  116. Protools 2018.3 Crashes at Launch
  117. mono Dverb changing settings on its own
  118. Files not found in directories, Workspace.
  119. Unusual Error Message
  120. Import Only Alternate Playlist BROKEN
  121. Pro Tools Crashes when internet connection down
  122. Loooongtime needed upgrade...
  123. PT 2018.1 crash & fix
  124. Single file in Protools session appears to be corrupt, is unable to be removed
  125. Insertion Point Not Synced
  126. Midi controller pickup
  127. An AAE Error .
  128. Need to Save All my Sessions to One Place
  129. Pro Tools First 2018 Crashing
  130. Hideous realtime quantise midi clip resize bug PT 2018.3
  131. Session Changes Key & Tempo
  132. Double Clicking on Aux Track doesn't open Track Color window
  133. Sub Bus
  134. Pro Tools won't save session
  135. PT 2018 do I need more RAM?
  136. PT 2018.3 clean install; some issues, 9171 errors, losing keyboard.
  137. managing different IO setups in PT 2018
  138. Bug with UNDO
  139. PROTOOLS 2018.3 Bounce delay compensation ERROR with UAD v9.5.1 AUX insert
  140. Industrial / pro storage configs?
  141. 2018.3 won't launch. Worked fine yesterday
  142. Recording Mainstage sounds in PT 2018
  143. Zoom toggle
  144. PT 2018 Slow to load files
  145. VEP and PT 2018
  146. Workspace Browser and Elastic Audio
  147. Issues with Audiosuite Gain
  148. Pro Tools 2018 to PT 10?
  149. Plugin for gopro sound.
  150. 2 years and something I still can't work out.. unlink timeline and edit selection BUT
  151. "The original MIDI device associated with the MIDI controller HUI could not be
  152. Surrender Pro Tools HD upgrade and support Plan 2015
  153. Moronic Task manager thing hanging all the time
  154. "E:\ Code\ 222370\...etc???
  155. Pro Tools screen cutting off task bar
  156. A couple bugs I'm seeing in 2018.3
  157. dilemma: recording instrument track audio
  158. Fullscreen at startup
  159. Who knows the quick key for this function???
  160. PT 2018.3 Leaves LARGE Artifact in Memory on Exit
  161. BUG: Dead instrument tracks from older Pro Tools Sessions
  162. Cannot move video window
  163. will Protools HD ever get ARA or an equivalent Edit System
  164. MBox 3 usb monitor connections
  165. macOS 10.3.3 update or 10.3.3 combo update?
  166. ProTools 2018 on MacBook i7 quad core 2017?
  167. Support plan expiry grace period?
  168. Missing PACE Authorization for Pro Tools
  169. No word on 10.13.4!?!?
  170. Installation Issues with Pro Tools | First 2018.3
  171. New Session backups and saves wont open
  172. Forced to add Control key with editing shortcuts..
  173. Swapping Non-HD for HD in iLok Cloud?
  174. Midi window record enable button behavior
  175. 3 projects and no acces PTF
  176. 2018 Install Issues...I'm DOA
  177. Grid Value - Blank - Disappears
  178. Using F keys - cycle through modes doesn't work
  179. Solo Safe not working [solved]
  180. Major Issue - 003+ BLA Qualification Question
  181. Commit Sucks!!
  182. Is the mixer gui lag fixed in the newer versions?
  183. Clips disappear when moved by hand
  184. Low latency monitoring not working
  185. Hide Pro Tools | HD function disabled
  186. Audio files deactivated when opening pt 5 files
  187. What Playback Engine settings work best?
  188. When to leave Elastic Audio Track as Sample-Based?
  189. ProTools AAE -7058 crashes
  190. BFD3 in ProTools2018
  191. Arturia V Collection 4 in PT 2018
  192. BUG? Either PT 12.8.3 OR Xpand!2
  193. Unintended reverb on vocal
  194. Waves plugins are not completely visible
  195. Pro tools 2018.4
  196. 2018.4 Startup Crash
  197. NO Triplets in score preferences!!
  198. When will the documents be translated ?
  199. does Pro Tools 2018.4 native run on Windows 7?
  200. Import FLAC
  201. 2018.4 Support Thunderbolt 3?
  202. Retrospective Record broken in 2018.4
  203. open LOCAL Pro Tools reference guide
  204. Bounce to disk offline error on 2018.4! take care, use online instead!
  205. What is missing: First - ??? - Ultimate
  206. cursor invisible on edit screen over tracks
  207. PT11 to 2018.4 concerned about Icons
  208. Poor volume and clarity on home studio recorded reels
  209. "Pre-Echo" Offline bounce problem
  210. Unable to commit elastic audio
  211. Change MIDI editor track
  212. Audio engine
  213. Moving MiDI from one grid to another (redefine where the beats are)
  214. Feedback overload protection
  215. Cracks and pops Pro Tools 2018.4
  216. Pro tools plan vs perpetual
  217. ProTools HD now ProTools Ultimate?
  218. VCA Faders not showing
  219. Ultimate where's HEAT authorization?
  220. Pro Tools Ultimate 2018.4 GUI offset by tabs error
  221. AAE 6101 Related to Display Resolution
  222. Control + Click gone?
  223. Dae 9173
  224. MIDI drag and drop causes instrument track to drop channel
  225. Pro Tools Ultimate, the worst version...
  226. Trouble setting up Buses on Pro Tools 12
  227. Pro Tools Network Activity- Multicast IP Address
  228. Clips change color when working with playlists 2018.4
  229. Bounce leaves some tracks unheard in final file?
  230. Track Limits in Pro Tools Ultimate?
  231. Batch Clip Rename not renaming audio files - just clips PT 2018-3
  232. The new "Pro Tools" (regular) and 3rd party interfaces
  233. Pro Tools 2018.4 STARTUP CRASH
  234. Pro Tools Ultimate CPU Spikes.. come on!!!!
  235. My latest Pro tools baby
  236. Cloud Collaboration Seems fragile.
  237. OMG!!! I lost my ilock?????
  238. Missing Grid Lines - sorry if this is redundant I have been searching
  239. Midi editor window scrolling with playback?
  240. Import Session Data Default Setting
  241. ProTools 12 Ultimate - CPU Overload without playing
  242. So let me get this straight... [upgrade from Pro Tools HD 11]
  243. Pro Tools channels clipping info
  244. Pro Tools 2018.4 freezing Windows 10
  245. PT 2018.4 Ultimate bugs ?
  246. Corrupt HW buffer CPU Overload Spike
  247. Will we see new features, new plugins or new VIs in Pro Tools this year?
  248. Pro Tools 12.7.1 to Pro Tools 2018 Questions
  249. Pro Tools 2018.4 Crashing on Mac
  250. PT unexpectedly quits - Session corrupted after relaunch
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