Avid has today re-listed with the Nasdaq stock exchange.

The company was de-listed in March after it failed to meet a deadline set by the stock exchange for the restating of its financial statements to amend discrepancies relating to the way that it had accounted for free software upgrades.

Chief financial and administrative officer John Frederick said: “We believe this milestone offers current and future Avid shareholders an exciting opportunity to share in the success of our business through improved access to our common stock.

“We look forward to generating sustainable, profitable growth as we continue to execute on our plan to unlock the full potential of Avid.”