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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Avaya Holdings Corporation | NYSE:AVYA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.2753 | 0 | 01:00:00 |
Guidance 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%
DUBAI, UAE, Feb. 10, 2021 /PRNewswire/ -- Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the first quarter of fiscal 2021 ended December 31, 2020
First Quarter Financial Highlights
"We are pleased to report first quarter results that exceeded expectations across all key metrics. Navigating a very challenging business environment, we emerged from 2020 even stronger. This success reflects the significant progress we continue to make on our transformation into an enterprise leader in cloud-based communications and collaboration solutions," said Jim Chirico, President and CEO of Avaya. "The investments we have made in the business are generating strong traction across all segments in which we operate and, as a result, we are increasing our guidance for revenue, ARR, profitability and CFFO for the fiscal year."
Additional First Quarter Fiscal 2021 Highlights
Customer Highlights
Business Highlights
Copyright 2021 PR Newswire
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