UPDATE: Avaya Holdings (AVYA) Taps Law Firm Kirkland & Ellis to Evaluate Options - WSJ
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Avaya Holdings (AVYA) Plunges on 'Going Concern' - Assessing Options
August 9, 2022 3:54 PM EDTAvaya Holdings (NYSE: AVYA) stock plunged 45% on Tuesday after the company reported selected additional preliminary results, missing earnings and revenue consensus estimates.
The technology company reported fiscal third-quarter EPS of $0.24, $0.02 worse than the analyst estimate of $0.26, with revenue for the quarter coming in at $577 million versus the consensus estimate of $660.12 million.
The company said its preliminary results for the quarter... More