Avid Technology (Nasdaq: AVID) is expected to report Q4 earnings around Feb. 7. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Avid Technology's revenues will drop -21.3% and EPS will contract -68.4%.

The average estimate for revenue is $145.9 million. On the bottom line, the average EPS estimate is $0.12.

Revenue details
Last quarter, Avid Technology reported revenue of $127.2 million. GAAP reported sales were 23% lower than the prior-year quarter's $164.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.08. GAAP EPS were -$0.45 for Q3 compared to -$0.20 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 53.7%, 40 basis points worse than the prior-year quarter. Operating margin was -3.5%, 250 basis points worse than the prior-year quarter. Net margin was -13.7%, 910 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $583.4 million. The average EPS estimate is -$0.29.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 86 members out of 129 rating the stock outperform, and 43 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Avid Technology a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avid Technology is hold, with an average price target of $9.17.

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