AVYA - Avaya Holdings Corp.: 2020 Will Be Crucial To Prove Its Turnaround
Avaya Holdings Corp. (NASDAQ:AVYA) provides digital communications software and solutions to enterprise customers across voice and video collaboration along with automated customer support applications. This is a company that has had a volatile history, emerging from bankruptcy in 2017 and challenged to keep up with fast-changing innovations in the market. A new CEO and management team is now attempting a turnaround leading a transition towards cloud-based solutions and focusing on fundamentals. The company just released its latest quarterly report highlighted by still weak growth but some encouraging operational trends suggesting an improved outlook.