Avaya (AVYA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
For his "Executive Decision" segment of Mad Money, Jim Cramer spoke with Jim Chirico, president and CEO of Avaya Holdings Corp. , the communications' provider that reported strong earnings last week. Chirico had positive things to say about his company's recent partnership with RingCentral Inc. . Avaya is also a leader in work-from-home communication systems.
iQIYI (NASDAQ: IQ), one of the largest online video platforms in the world with over 500 million monthly active users, has ensured business continuity and its ability to serve its massive customer base at a time of enforced remote-working, with collaboration and communications solutions from Avaya Holdings Corp. (NYSE: AVYA).
Shares of Avaya Holdings were soaring 26.3% to $13.22 Monday after the digital communications products company reported a surge in use of its cloud-based video conferencing and meeting app. The Santa Clara, California-based company reported a fiscal second-quarter loss of $672 million, or $7.24 a share, compared with a year-earlier loss of $13 million, or 12 cents a share. The charge resulted from a sustained decline in the company's stock price during the period, which Avaya said was consistent with the way the broader market was affected by Covid-19's impact on the global economy.
AVYA earnings call for the period ending March 31, 2020.
Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that Telarus Canada, will now offer the new Avaya Cloud Office™ by RingCentral® UCaaS solution through their partner networks in Canada. As a leading Master Agent, Telarus Canada is able to deliver Avaya cloud communications solutions through its nationwide network of sales agents.
NEW YORK, May 11, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, CYTK, QTNT, MYGN, and AVYA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by sele…
Avaya Holdings Corp. (NYSE: AVYA) today announced that it will report financial results for the second quarter of fiscal 2020 ended March 31, 2020 on Monday, May 11, 2020 before the market open. Avaya will host a live webcast and conference call to discuss its financial results at 8:30 a.m. Eastern Time. On the call will be Jim Chirico, president and CEO, and Kieran McGrath, executive vice president and CFO. The call will be moderated by Mike McCarthy, vice president of investor relations.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. …
Q2 2020 Avaya Holdings Corp Earnings Call
Today, during the first digital IBM Think conference, IBM presented Avaya Holdings Corp. (NYSE: AVYA) with the 2020 IBM Award for Hybrid Cloud Excellence. This accolade recognizes the outstanding performance of the Avaya OneCloud ReadyNow private cloud solution for Unified Communications and Contact Center as a Service, providing enterprise organizations with a fast, convenient and automated path to the benefits of cloud communications. Avaya OneCloud ReadyNow offerings feature per-seat consumption and standard bundles of both united communications and contact center solutions, helping to reduce risk, cost and complexity for clients’ transition to a cloud platform from on-premise solutions.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE: AVYA) today announced that it will report financial results for the second quarter of fiscal 2020 ended March 31, 2020 on Monday, May 11, 2020 before the market open. Avaya will host a live web…
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. …
Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, has been named a Leader in The Aragon Research Globe for Unified Communications and Collaboration, 2020.
AVYA earnings call for the period ending March 31, 2020.
NEW YORK, May 11, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, CYTK, QTNT, MYGN, and AVYA. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by sele…
Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that SYNNEX Corporation (NYSE: SNX), a leading business process services company, will be the first to offer the new Avaya Cloud Office™ by RingCentral® UCaaS solution through their partner networks in Canada. Avaya Cloud Office is an all-in-one collaboration solution providing seamless communications, file sharing and collaboration capabilities across unified voice, video, messaging, digital customer engagement and meetings. It will be generally available in Canada in the current quarter.
The COVID-19 pandemic has had a profound impact on people and organizations around the globe. Companies large and small have had to quickly adapt to new ways of working while addressing massive increases in customer inquiries and the need for help. Avaya Holdings Corp. (NYSE:AVYA) has moved quickly to enable companies, schools, governments and organizations of all kinds to adapt to working from anywhere. Every day more and more people are connected, collaborating and continuing to be productive while staying safe, based on the speed at which Avaya has been able to respond.
Avaya Holdings Corp. (NYSE:AVYA) today announced it has been recognized by Nuance Communications for its leadership in delivering innovative AI that empowers organizations with the communications and collaboration solutions they need to work smarter and engage with customers and employees more effectively.
Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, announced today that CRN®, a brand of The Channel Company, has given Avaya a 5-Star rating in its 2020 Partner Program Guide. This annual guide identifies the strongest and most successful partner programs in the channel today, offered by the top technology suppliers for IT products and services. The 5-Star rating recognizes an elite subset of companies that offer solution providers the best partnering elements in their channel programs.
Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, announced today that Avaya Conversational Intelligence, a powerful AI solution enabling next-generation contact centers to create happier customers, has been recognized as a 2020 CUSTOMER magazine Product of the Year Award winner.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
OTTAWA, Canada--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that SYNNEX Corporation (NYSE: SNX), a leading business process services company, will be…
Shares of Avaya Hldgs (NYSE:AVYA) rose 13% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were up 833.33% over the past year to $0.88, which beat the estimate of $0.53.Revenue of $682,000,000 lower by 4.48% year over year, which beat the estimate of $624,200,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Q3 revenue expected between $675,000,000 and $705,000,000.Conference Call Details Date: May 11, 2020View more earnings on AVYATime: 08:01 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.avaya.com%2Foverview%2Fdefault.aspx&eventid=2156677&sessionid=1&key=96CA6345CC7399B935585A871DD9569C®Tag=&sourcepage=registerRecent Stock Performance Company's 52-week high was at $18.4352-week low: $6.13Price action over last quarter: down 9.16%Company Description 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 * Amneal Pharmaceuticals: Q1 Earnings Insights * Magellan Health: Q1 Earnings Insights * Xenia Hotels & Resorts: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Today, during the first digital IBM Think conference, IBM presented Avaya Holdings Corp. (NYSE: AVYA) with the 2020 IBM Award for Hybrid Cloud Excellence. This accolade recognizes the outstanding performance of the Avaya …
SANTA CLARA, Calif.--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that CRN®, a brand of The Channel Company, has named Lisa Frederick, Senior Director…
If you're interested in Avaya Holdings Corp. (NYSE:AVYA), then you might want to consider its beta (a measure of share...
SANTA CLARA, Calif.--(BUSINESS WIRE)--iQIYI (NASDAQ: IQ), one of the largest online video platforms in the world with over 500 million monthly active users, has ensured business continuity and its ability to serve its massive customer base at a time of enforc…
If you're interested in Avaya Holdings Corp. (NYSE:AVYA), then you might want to consider its beta (a measure of share...
OTTAWA, Ontario--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, today announced that Telarus Canada, will now offer the new Avaya Cloud Office™ by RingCentral® UCaaS so…
SANTA CLARA, Calif.--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE:AVYA), a global leader in solutions to enhance and simplify communications and collaboration, announced today that Avaya Conversational Intelligence, a powerful AI solution enabling next-generat…
SANTA CLARA, Calif.--(BUSINESS WIRE)--Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the second quarter ended March 31, 2020. Second Quarter Financial Highlights Revenues of $682 million GAAP Operating loss was $597 million; Non-GAAP O…
Avaya Holdings Corp. (NYSE: AVYA) today reported financial results for the second quarter ended March 31, 2020.
Shares of Avaya Holdings (NYSE: AVYA) soared on Monday after the communications software company reported its fiscal second-quarter results. While a large non-cash goodwill impairment charge reduced earnings, revenue came in ahead of expectations. Avaya reported second-quarter revenue of $682 million, down 3.8% year over year but about $59 million higher than the average analyst estimate.
On CNBC's "Mad Money Lightning Round," Jim Cramer said he would buy Raytheon Technologies Corp (NYSE: RTX) rather than Caterpillar Inc. (NYSE: CAT). He wouldn't buy Caterpillar going into a recession.Instead of FireEye Inc (NASDAQ: FEYE), Cramer would buy For…