AVYA News and Press, Avaya Holdings Corp. From 05/23/22

Buyers took charge on Wall Street during Monday's trading, continuing a rebound that began on Friday, when the S&P 500 briefly dipped into bear-market territory. With financial stocks leading the advance, the major averages posted a notable rebound, led by a nearly 2% rise in the Dow. Des...

Gainers: O2Micro International (OIIM) +33%. Neonode (NEON) +27%. Evolving Systems (OTC:EVOL) +26%. Forge Global (FRGE) +21%. VMware (VMW) +21%. Losers: WaveDancer (WAVD) -13%. Avaya (AVYA) -13%. BIT Mining (BTCM) -10%. WalkMe (WKME) -9%. Envestnet (ENV)...

Avaya (NYSE:AVYA) ended 5.5% lower on Tuesday after tumbling to a record low as Barclays downgraded the stock to Underweight from Equal-weight. Barclays also cut AVYA's price target to $5 from $8, implying a potential downside of 9.1% to Tuesday's close. Wall Street analysts on average rate A...

The following slide deck was published by Avaya Holdings Corp. in conjunction with their 2022 Q2 earnings call. For further details see: Avaya Holdings Corp. 2022 Q2 - Results - Earnings Call Presentation

Avaya Holdings Corp (AVYA) Q2 2022 Earnings Conference Call May 10, 2022 08:30 AM ET Company Participants James Chirico - President, CEO and Director Kieran McGrath - Executive VP and CFO Conference Call Participants Ryan MacWilliams - Barclays George Sutton - Craig-Hallum Hamed Khorsand - BW...

Avaya (NYSE:AVYA) stock fell to its lowest in over 2 years on Wednesday after multiple brokerages cut their price targets after the firm reported Q2 earnings. JP Morgan downgraded AVYA to Underweight from Neutral and cut its PT to $7 from $16, implying 7% downside to its last close....

Image source: The Motley Fool. Avaya Holdings Corp. (NYSE: AVYA) Q2 2022 Earnings Call May 10, 2022 , 8:30 a.m. ET Operator Continue reading For further details see: Avaya Holdings Corp. (AVYA) Q2 2022 Earnings Call Transcript

Shares of Avaya Holdings (NYSE: AVYA) , a cloud communications company, were tumbling this morning after the company reported worse-than-expected second-quarter results. The tech stock had fallen by 15.7% as of 11:16 a.m. ET. Avaya reported second-quarter non-GAAP ...

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 marg...

Total revenue was $716 million Avaya OneCloud™ ARR increased 118% year over year to $750 million Avaya OneCloud™ ARR increased $130 million sequentially, a record quarterly contribution Signed ~100 deals with TCV greater than $1 million for the 8t...