Avaya Presents Mixed News on Financial Results
Avaya, a provider of business communications technology, saw $1.2 billion in revenue during the recent Q4. That is 4.3 percent more than Q3, but when compared to Q4 of 2012, it was 6 percent less.
In addition, Avaya saw revenue of $4.7 billion during the fiscal 2013 year. That is 9 percent less than the fiscal 2012 revenue of $5.17 billion.
Still, the company called fiscal 2013 results as “solid.” "Avaya closed fiscal 2013 delivering solid fourth quarter results reflecting advancement of our business model," Kevin Kennedy, the company’s president and CEO, said in a statement.
During the fiscal year, Avaya was able to introduce over 100 new products. One example of new markets is how Avaya Government Solutions announced how Avaya IP phones were approved for use on U.S. Navy San Antonio-Class amphibious warships, according to a company statement. The phones will be on the John P. Murtha (LPD-26) and the Portland (LPD-27) amphibious transport dock ship. Raytheon Company is the systems integrator.
“Avaya’s portfolio of easy-to-use, high quality mobile video and collaboration tools is well positioned to meet the requirements of an increasingly mobile and connected anytime/anywhere workforce,” Kennedy added in the statement. “As we transition into fiscal 2014, Avaya remains focused on broadening our innovative product portfolio, improving our go-to-market alignment with the markets we serve, and executing against our business model."
Overall, Avaya provides business communications and collaboration systems, software and services. It provides such offerings as unified communications, contact centers and networking.
The United States remains an important market for the company. During Q4, 55 percent of the revenue came from the United States. Some 26 percent of revenue came from Europe, the Middle East and Africa. And 9 percent of the revenue came from the Asia-Pacific region.
The company also reported how product revenue was $617 million in the recent quarter. That is 10 percent more than the previous quarter. But it was 5.4 percent less than Q4 of fiscal 2012.
Edited by Cassandra Tucker