Avid is having problems

Once again, things are looking tough for Avid.
[Updated Feb 27: Avid released a statement]
Why Avid (AVID) Is Falling Today | The Street

The technology company announced that it received a notification letter from NASDAQ in Feb. 21 that said the NASDAQ Listing Qualifications Hearings Panel decided to delist the company. NASDAQ will suspend trading of the company's stock at the open of business on Tuesday, Feb. 25.
Net operating cash flow has significantly decreased to -$1.38 million or 1167.44% when compared to the same quarter last year.

Avid, Maker of Pro Tools, Now Losing Money Faster and Delisted from NASDAQ | Create Digital Music

The really significant issues here are cash flow and earnings – and losing NASDAQ trading will only exacerbate the problem. TheStreet Ratings Team cites issues in this quarter versus same quarter last year including
Accelerated losses: -$7.55 million to -$17.39 million (year over year)

And as luck would have it, they just released this statement:
Avid Customers Triumph at the 50th Annual Cinema Audio Society Awards | Wall Street Journal

Avid(R) (OTC:AVID) today congratulated its customers on their numerous awards and nominations for outstanding achievements in sound mixing at the 50(th) Annual CAS Awards. Presented by the Cinema Audio Society on February 22 in Los Angeles, the awards recognized the accomplishments of many of the motion picture and television industries' most talented sound mixers who trust Avid audio solutions.

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