Infotech Lead India: Avaya has posted 11.1 percent dip in revenue to $1.12 billion in the second quarter of fiscal 2013.
The business communications and collaboration systems provider says the revenue was impacted primarily due to seasonality in all four theaters as customers continued to have extended procurement cycles.
Operating income declined to $113 million from $138 million.
“Avaya’s second quarter revenue evidenced impacts from a cautious spending environment which extended our sales cycle and as a result, this quarter’s seasonal declines were at the low end of our historical range,” said Kevin Kennedy, president and CEO, Avaya.
Gross margin was 52.4 percent compared to 53.7 percent for the prior quarter and 48.8 percent for the second quarter of fiscal 2012.
Product revenue of $529 million declined by 16.2 percent compared to the prior quarter and 17.0 percent compared to the second quarter of fiscal 2012.
Avaya Global Services revenue of $589 million decreased 3.3 percent compared to the prior quarter and decreased 5.0 percent compared to the second quarter of fiscal 2012.
For the second fiscal quarter, percentage of revenue by geography was, U.S. with 53 percent, EMEA with 27 percent, Asia – Pacific with 10 percent and Americas International with 10 percent.