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video and audio content creation, management, and distribution. Its platform and set of
creative software tools provide content creation solutions for the media and entertainment
industry. The company recently announced that its board of directors has authorized
a share repurchase program whereby the company may purchase up to $115 million of its
common stock. Avid Technology said that the decision to buy back stock as well as the
market price of the company's common stock, general market conditions, and other
corporate considerations.5
and eSports fans to connect worldwide. The company has made a number of recent
acquisitions. On Sept. 2, the company announced that it acquired GameKnot LLC, owner
of chess fan community GameKnot.com, for approximately $2.8 million.6 On Sept. 7, the
company announced the acquisition of casual gaming company Addicting Games Inc. for
approximately $34.4 million.7 Because the company reported negative EPS in the most
recent quarter, an EPS growth rate could not be calculated for the above table.8
Sea Ltd.: Sea is an internet and mobile platform company. It provides online gaming
services, such as e-wallet and payments services. Because the company reported negative
EPS in the most recent quarter, an EPS growth rate could not be calculated for the above
table.