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Broadband

Avaya appoints new CFO, ups profit in Q1

Monday 11 February 2019 | 15:18 CET | News
Revenues for the quarter to end December went to USD 739 million, a decline from the year before's 752 million but higher than the 735 million recorded in the previous quarter. A similar pattern went for the gross margin which came out at 55.1 percent, lower than last year's 58.2 percent but higher than the 53.1 percent from the fourth quarter. The operating margin meanwhile rose to 6.8 percent from 5.1 percent year-on-year and 1.5 percent quarter-on-quarter. The operating profit however lifted to USD 50 million from 38 million the year earlier while the net profit advanced to USD 9 million

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Categories: Fixed
Companies: Avaya / CA Technologies
Countries: World
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