Avaya Holdings (AVYA) Tops Q3 EPS by 4c

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Avaya Reports Third Quarter Fiscal 2021 Financial Results

August 9, 2021 7:00 AM EDT

Total revenue increased 2% year over year to $732 million

Avaya OneCloud ARR increased over 275% year over year to $425 million

Raising ARR guidance and expects ARR to reach $1 billion by end of 2022

RALEIGH-DURHAM, N.C.--(BUSINESS WIRE)-- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the third quarter of fiscal 2021 ended June 30, 2021.

Third Quarter Financial Highlights

Revenues of $732 million, up 2% from a year ago OneCloud ARR was $425... More