Avaya Holdings (AVYA) Q2 Revenue Tops Consensus, Offers Q3 Guidance

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Go back to Avaya Holdings (AVYA) Q2 Revenue Tops Consensus, Offers Q3 Guidance

Avaya Reports Second Quarter Fiscal 2020 Financial Results

May 11, 2020 7:00 AM EDT

Revenue from Software and Services was a record of 88% of $682 million in revenue

Recurring revenue was 64% of revenue - up 5 points sequentially

Cloud, Alliance Partner & Subscription revenue increased 5 points sequentially to 23% of revenue

Avaya Cloud Office launched March 31st

Deployed over 2 million work from home licenses in just two months

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the second quarter ended March 31,... More