Avaya Holdings (AVYA) Misses Q4 EPS, Revenue Beats, Offers Guidance

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Go back to Avaya Holdings (AVYA) Misses Q4 EPS, Revenue Beats, Offers Guidance

Avaya Reports Fourth Quarter and Fiscal 2020 Financial Results

November 18, 2020 7:00 AM EST

Q4 revenues of $755 million - an increase of 4% year over year; FY20 revenue $2,873 million
Cloud, Alliance Partner & Subscription revenue increased 3 points sequentially to 33% of Q4 revenue
Subscription TCV increased $181 million in Q4; Year-to-Date booked ~$400 million of TCV
Signed 135 deals with TCV greater than $1 million, 17 over $5 million and 4 over $10 million in Q4

RALEIGH-DURHAM, N.C.--(BUSINESS WIRE)-- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the fourth quarter and fiscal year ended September 30, 2020.

Fourth Quarter Financial... More