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Avaya Holdings Corp (AVYA.N)

AVYA.N on New York Stock Exchange

17.47USD
11 Dec 2018
Change (% chg)

$0.24 (+1.39%)
Prev Close
$17.23
Open
$17.35
Day's High
$17.80
Day's Low
$17.31
Volume
276,539
Avg. Vol
268,131
52-wk High
$23.75
52-wk Low
$14.25

Latest Key Developments (Source: Significant Developments)

Avaya Holdings Corp QTRLY Earnings Per Share $2.41
Tuesday, 4 Dec 2018 

Avaya Holdings Corp ::AVAYA REPORTS FOURTH QUARTER AND FISCAL 2018 FINANCIAL RESULTS.Q4 NON-GAAP REVENUE $770 MILLION.QTRLY REVENUE WAS $735 MILLION.SEES Q1 FISCAL 2019 UNDER ASC 606 GAAP REVENUE OF $740-$765 MILLION, NON-GAAP REVENUE OF $750-$775 MILLION.SEES FY 2019 UNDER ASC 606, GAAP REVENUE OF $3.01-$3.12 BILLION, NON-GAAP REVENUE OF $3.05-$3.15 BILLION.SEES Q1 FISCAL 2019 UNDER ASC 606 GAAP OPERATING INCOME OF $30-$50 MILLION, NON-GAAP OPERATING INCOME OF $162-$173 MILLION.SEES FOR FISCAL YEAR 2019 UNDER ASC 606, ADJUSTED EBITDA $763-$819 MILLION.SEES Q1 FISCAL 2019 UNDER ASC 606 ADJUSTED EBITDA OF $185-$197 MILLION, OR ADJUSTED EBITDA MARGIN OF 24.5-25.5% OF NON-GAAP REVENUE.SEES FOR FY 2019 UNDER ASC 606 OPERATING INCOME OF $200-$280 MILLION, NON-GAAP OPERATING INCOME OF $675-$730 MILLION.QTRLY EARNINGS PER SHARE $2.41.Q4 REVENUE VIEW $768.2 MILLION -- REFINITIV IBES DATA.  Full Article

Avaya Invests In Cogito To Enhance Customer Experience Through Joint Development
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Avaya Holdings Corp ::AVAYA INVESTS IN COGITO, DEEPENING PARTNERSHIP TO ENHANCE CUSTOMER EXPERIENCE THROUGH JOINT DEVELOPMENT.AVAYA HOLDINGS SAYS INVESTED IN COGITO, AN AI COMPANY FOR EMOTIONAL INTELLIGENCE.  Full Article

Avaya Holdings Q3 Revenue $692 Million
Thursday, 9 Aug 2018 

Avaya Holdings Corp ::AVAYA REPORTS THIRD QUARTER FISCAL 2018 FINANCIAL RESULTS.Q3 REVENUE $692 MILLION.SEES Q4 FISCAL 2018 GAAP REVENUE OF $705-$735 MILLION.SEES Q4 FISCAL 2018 NON-GAAP REVENUE OF $760-$780 MILLION.SEES 2018 GAAP REVENUE $2.82BLN - $2.85 BILLION; 2018 NON-GAAP REVENUE $3.05 BILLION - $3.07 BILLION.SEES Q4 FISCAL 2018 GAAP OPERATING LOSS OF $24 MILLION TO OPERATING INCOME OF $13 MILLION, NON-GAAP OPERATING INCOME $153-$172 MILLION.SEES 2018 OPERATING LOSS $87 MILLION - $124 MILLION, 2018 NON-GAAP OPERATING INCOME $633 MILLION - $652 MILLION.LOSS PER SHARE FOR THREE MONTHS ENDED JUNE 30 $0.80.  Full Article

Avaya Inc. Announces Repricing Of $2.918 Billion Senior Secured Term Loan
Monday, 18 Jun 2018 

Avaya Holdings Corp ::AVAYA INC. ANNOUNCES REPRICING OF $2.918 BILLION SENIOR SECURED TERM LOAN.AVAYA HOLDINGS - REPRICING OF TERM LOAN MATURES IN 2024.  Full Article

Avaya Prices $300 Mln Of 2.25% Convertible Senior Notes due 2023
Thursday, 7 Jun 2018 

June 7 (Reuters) - Avaya Holdings Corp ::AVAYA PRICES $300 MILLION OF 2.25% CONVERTIBLE SENIOR NOTES.PRICING OF $300 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 2.25% CONVERTIBLE SENIOR NOTES DUE 2023.  Full Article

Avaya Acquires Spoken Communications
Monday, 29 Jan 2018 

Jan 29 (Reuters) - Avaya Holdings Corp ::AVAYA ACQUIRES SPOKEN COMMUNICATIONS, A LEADING CONTACT CENTER AS A SERVICE PROVIDER.AVAYA - TRANSACTION, WHICH INCLUDES OVER 170 PATENTS AND PATENT APPLICATIONS, WILL BE FUNDED BY CASH ON HAND.  Full Article

Avaya Says Q4 Revenue $790 Million
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Avaya Holdings Corp ::AVAYA REPORTS FOURTH QUARTER AND FISCAL 2017 FINANCIAL RESULTS.Q4 REVENUE $790 MILLION.QTRLY GROSS MARGIN 62.7%, NON-GAAP GROSS MARGIN 63.2%,.QTRLY OPERATING INCOME OF $64 MILLION, QTRLY NON-GAAP OPERATING INCOME OF $178 MILLION OR 22.5% OF REVENUE.TOTAL REVENUE FOR Q4 WAS $790 MILLION, DOWN $13 MILLION COMPARED TO PRIOR QUARTER.IN QUARTER, LOWER DEMAND FOR PRODUCTS AND SERVICES PRIMARILY DUE TO EXTENDED PROCUREMENT CYCLES RESULTING FROM CHAPTER 11 FILING.AVAYA - REDUCTION OF DEBT AND CERTAIN OTHER LONG-TERM OBLIGATIONS WILL IMPROVE ANNUAL CASH FLOW BY APPROXIMATELY $300 MILLION COMPARED TO FISCAL 2016.  Full Article

Avaya Completes Financial Restructuring
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Avaya Holdings Corp ::AVAYA SUCCESSFULLY COMPLETES FINANCIAL RESTRUCTURING AND EMERGES FROM CHAPTER 11.AVAYA HOLDINGS CORP SAYS IS TAKING STEPS NECESSARY TO LIST ON NEW YORK STOCK EXCHANGE.AVAYA HOLDINGS CORP - EXPECTS TO HAVE APPROXIMATELY 110 MILLION SHARES OUTSTANDING UPON EMERGENCE FROM CHAPTER 11.AVAYA HOLDINGS - REDUCED PRIOR DEBT LOAD BY ABOUT $3 BILLION, EXITS WITH MORE THAN $300 MILLION IN CASH ON ITS BALANCE SHEET.  Full Article

Avaya Announces Court Approval Of Restructuring Plan
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Avaya Holdings Corp ::‍AVAYA ANNOUNCES COURT APPROVAL OF RESTRUCTURING PLAN​.AVAYA HOLDINGS CORP - ‍UNITED STATES BANKRUPTCY COURT FOR SOUTHERN DISTRICT OF NEW YORK CONFIRMED SECOND AMENDED CHAPTER 11 PLAN OF REORGANIZATION​.AVAYA HOLDINGS CORP - ‍EXPECTS TO EMERGE FROM ITS RESTRUCTURING PROCESS IN 2017​.AVAYA HOLDINGS - ‍PROJECTS TO HAVE ABOUT $2.925 BILLION OF FUNDED DEBT UPON EMERGENCE FROM CHAPTER 11 PROTECTION​.AVAYA HOLDINGS CORP-‍REVISED CAPITAL STRUCTURE IS EXPECTED TO RESULT IN MORE THAN $200 MILLION IN ANNUAL CASH INTEREST SAVINGS COMPARED TO FISCAL YEAR 2016​.AVAYA HOLDINGS - ‍PROJECTS TO HAVE $300 MILLION SENIOR SECURED ASSET-BASED LENDING FACILITY AVAILABLE UPON EMERGENCE FROM CHAPTER 11 PROTECTION​.  Full Article

Avaya announces post-emergence board of directors
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Avaya Holdings Corp :Avaya announces post-emergence board of directors.Avaya Holdings Corp - ‍announced members selected to serve on company's board of directors upon its emergence from chapter 11 as a public company​.Avaya Holdings Corp - ‍current board is expected to remain in place until new board assumes its responsibilities upon emergence from chapter 11​.Avaya Holdings - ‍current board of directors is expected to remain in place until new board assumes responsibilities upon emergence from chapter 11​.Avaya Holdings - ‍hearing to consider confirmation of second amended plan by U.S. Bankruptcy court is scheduled to commence on Nov 28​.Avaya Holdings Corp - ‍jim Chirico is Avaya's current president and chief executive officer and formerly its chief operating officer​.  Full Article