Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q1 2022 Results - Earnings Call Transcript

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Avid Technology, Inc. (AVID) Q1 2022 Earnings Conference Call May 4, 2022 5:30 PM ET

Company Participants

Whit Rappole - Vice President-Corporate Development & Investor Relations
Jeff Rosica - Chief Executive Officer & President
Ken Gayron - Executive Vice President & Chief Financial Officer

Conference Call Participants

Nehal Chokshi - Northland Securities
Samad Samana - Jefferies
Jack Vander Aarde - Maxim Group
Josh Nichols - B. Riley Securities

Whit Rappole

Good afternoon, ladies and gentlemen and welcome to Avid Technology's First Quarter 2022 Earnings Conference Call for the period ended March 31, 2022. My name is Whit Rappole, Avid's Vice President for Corporate Development and Investor Relations. Please note that this call is being recorded today May 4, 2022 at 5:30 P.M. Eastern Time.

With me this afternoon are Jeff Rosica, our Chief Executive Officer and President; and Ken Gayron, our Chief Financial Officer and EVP. In their prepared remarks, Jeff will provide an overview of our business and then Ken will provide a detailed review of our financial and operating results followed by time for questions.

We issued our earnings release earlier this afternoon and we have prepared a slide presentation that we will refer to on this call. The press release and presentation are currently available on the Events and Presentations page of our Investor Relations website at ir.avid.com and shortly following the conclusion of this call, a replay will be available on our IR website for a limited time.

During today's call, management will reference certain non-GAAP financial metrics and operational metrics. In accordance with Regulation Growth, both the appendix to our earnings release today and our investor website contain a reconciliation of the most closely associated GAAP financial information to these non-GAAP measures and also definitions for the operational metrics used on this call and in the presentation. Unless otherwise

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