Avaya revenue dips 8%, profit declines 7% in Q3 fiscal 2013

Avaya revenue decreased 8 percent to $1.15 billion in the third quarter of fiscal 2013 against prior-year quarter.

Operating income decreased 7.5 percent to $171 million from $159 million for the third quarter of fiscal 2012.

On quarter-to-quarter basis, Avaya revenue increased 2.9 percent, due to increases in demand in the U.S. and the U.S. federal government sectors.

U.S. contributes 56 percent revenue to Avaya.

Third quarter adjusted EBITDA was flat at $225 million.

“Avaya’s third quarter results reflected growth in product revenue from unified communications, contact centers, IP Office and networking. Avaya Global Services revenue also benefited from growth in cloud services,” said Kevin Kennedy, president and CEO, Avaya.

Avaya says its product revenue of $560 million increased by 5.9 percent compared to the prior quarter and decreased by 11.7 percent compared to the third quarter of fiscal 2012.

Avaya Global Services revenue of $590 million increased 0.2 percent compared to the prior quarter and decreased 4.2 percent compared to the third quarter of fiscal 2012.

For the third fiscal quarter, percentage of revenue by geography was, U.S. with 56 percent, EMEA with 26 percent, Asia – Pacific with 9 percent and Americas International with 9 percent.

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