Avaya Reports Second Quarter Fiscal 2017 Financial Results
May 17, 2017
May 17, 2017
SANTA CLARA, Calif., May 17 -- Avaya issued the following news release:
Avaya reported financial results for the second fiscal quarter ended March 31, 2017.
Total revenue for the second quarter was $804 million, down $71 million compared to the prior quarter and down $100 million year-over-year primarily as a result of lower demand for products and services due to seasonality and extended procurement cycles resulting from the chapter 11 filing. Non-GAAP gross margin . . .
Avaya reported financial results for the second fiscal quarter ended March 31, 2017.
Total revenue for the second quarter was $804 million, down $71 million compared to the prior quarter and down $100 million year-over-year primarily as a result of lower demand for products and services due to seasonality and extended procurement cycles resulting from the chapter 11 filing. Non-GAAP gross margin . . .