Avid Technology, Inc. (AVID) CEO Jeff Rosica on Q2 2022 Results - Earnings Call Transcript

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Avid Technology, Inc. (AVID) Q2 2022 Earnings Conference Call August 2, 2022 5:30 PM ET

Corporate Participants

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

Conference Call Participants

Josh Nichols - B. Riley Securities
Nehal Chokshi - Northland Securities
Paul Chung - JPMorgan
Steve Frankel - Rosenblatt Securities
Samad Samana - Jefferies
Jack Vander Aarde - Maxim

Whit Rappole

Good afternoon, ladies and gentlemen and welcome to Avid Technology's Second Quarter 2022 Earnings Conference Call for the period ended June 30, 2022. My name is Whit Rappole, Avid's Vice President, Corporate Development and Investor Relations. Please note that this call is being recorded today August 2, 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 the 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 G, both the appendix to our earnings release today and our investor website contain a reconciliation of the most closely associated GAAP financial information to the non-GAAP measures and also definitions for the operational metrics used on

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