Avaya Holdings (AVYA) Misses Q2 EPS by 8c, Guidance Misses

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Avaya Reports Second Quarter Fiscal 2022 Financial Results

May 10, 2022 6:55 AM EDT

Total revenue was $716 million

Avaya OneCloud ARR increased 118% year over year to $750 million

Avaya OneCloud ARR increased $130 million sequentially, a record quarterly contribution

Signed ~100 deals with TCV greater than $1 million for the 8th consecutive quarter

RALEIGH-DURHAM, N.C.--(BUSINESS WIRE)-- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the second quarter of fiscal 2022 ended March 31, 2022.

Second Quarter Financial Highlights

Revenues of $716 million, down 2%... More