Avaya Holdings (AVYA) Misses Q1 EPS by 5c, Revenue Beats, FY EPS Guidance Misses
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Avaya Reports First Quarter Fiscal 2021 Financial Results
February 9, 2021 6:45 AM ESTGuidance raised reflecting improved performance across key business metrics
Total revenue increased 4% year-over-year to $743 million
Avaya OneCloud ARR increased 38% sequentially to $262 million
Cloud, Alliance Partner & Subscription revenue grew to 34%
RALEIGH-DURHAM, N.C.--(BUSINESS WIRE)-- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the first quarter of fiscal 2021 ended December 31, 2020.
First Quarter Financial Highlights
Revenues of $743 million OneCloud ARR was $262... More