|Bid||16.30 x 1000|
|Ask||16.31 x 800|
|Day's Range||15.94 - 16.46|
|52 Week Range||6.13 - 16.85|
|Beta (5Y Monthly)||1.92|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||19.43|
Jim Chirico, our President and CEO; and Kieran McGrath, our Executive Vice President and CFO will lead this morning's call and share with you some prepared remarks before taking your questions. Joining them this morning will be Anthony Bartolo, EVP and Chief Product Officer and Dennis Kozak, Senior Vice President of Business Transformation.
(AVYA) shares spiked on Monday as the communications infrastructure company posted better-than-expected June quarter results—including its first quarter of year-over-year revenue growth in more than a decade. For its fiscal third quarter ended June 30, Avaya reported revenue of $721 million, up from $717 million a year ago, and above the company’s guidance range of $674 million to $704 million. The company had a profit of 8 cents a share, compared with a loss of $5.70 a share in the quarter a year ago.
Shares of Avaya Hldgs (NYSE:AVYA) moved higher by 10% in pre-market trading after the company reported Q3 results.Quarterly Results Earnings per share decreased 28.24% year over year to $0.61, which missed the estimate of $0.79.Revenue of $721,000,000 up by 0.56% from the same period last year, which beat the estimate of $686,740,000.Looking Ahead The upcoming fiscal year's revenue expected to be between $2,840,000,000 and $2,860,000,000.How To Listen To The Conference Call Date: Aug 10, 2020Time: 08:30 AMView more earnings on AVYAET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.avaya.com%2Fevents%2Fdefault.aspx&eventid=2403226&sessionid=1&key=E178598DB26AB2AF5D0F9D3852E07318®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $15.61Company's 52-week low was at $6.13Price action over last quarter: Up 13.51%Company Profile Avaya Holdings Corp provides digital communications products, solutions, and services for businesses. The company has two operating segments namely Products and Solutions, and Services. Products and Solutions offer Unified Communications and Contact Center platforms, applications and devices. It helps to offer an open, extensible development platform so that customers and third parties can easily create custom applications and automated workflows for their unique needs. Whereas Services consists of three business areas: Global Support Services, Enterprise Cloud and Managed Services and Professional Services. The company generates maximum revenue from the Services segment. Geographically, it derives a majority of revenue from the U.S.See more from Benzinga * Recap: BioSpecifics Technologies Q2 Earnings * Recap: Avadel Pharmaceuticals Q2 Earnings * Royal Caribbean Cruises: Q2 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.