AVYA - Avaya Holdings Non-GAAP EPS of $0.53 misses by $0.08 revenue of $716M misses by $21.62M

Avaya Holdings press release (NYSE:AVYA): Q2 Non-GAAP EPS of $0.53 misses by $0.08. Revenue of $716M (-3.0% Y/Y) misses by $21.62M. Q3 2022 Guidance: Revenue of $685 million to $700 million vs. consensus of $756.31M GAAP operating income of $14 million to $24 million; GAAP operating margin of 2% to 3% Non-GAAP operating income of $111 million to $121 million; non-GAAP operating margin of 16% to 17% Adjusted EBITDA of $140 million to $150 million; Adjusted EBITDA margin of 20% to 21% Non-GAAP Diluted EPS of $0.48 to $0.56. FY 2022 Guidance: Revenue of $2.815 billion to $2.855 billion vs. consensus of $2.99B OneCloud ARR expected to be $940 million to $960 million by year end FY22 CAPS revenue will represent between ~47% to 50% of Avaya's total revenue for FY22 GAAP operating income of $76 million to $96 million; GAAP operating margin of ~3% Non-GAAP operating income of $466 million to

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Avaya Holdings Non-GAAP EPS of $0.53 misses by $0.08, revenue of $716M misses by $21.62M