Avaya Hldgs: Q2 Earnings Insights

Avaya Hldgs AVYA reported its Q2 earnings results on Tuesday, May 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Avaya Hldgs missed estimated earnings by 13.11%, reporting an EPS of $0.53 versus an estimate of $0.61.

Revenue was down $22.00 million from the same period last year.

Last quarter the company missed on EPS by $0.26 which was followed by a 13.09% increase in the share price the next day.

Here's a look at Avaya Hldgs's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.68	0.72	0.71	0.75
EPS Actual	0.42	0.77	0.75	0.74
Revenue Estimate	736.21M	738.45M	730.56M	717.70M
Revenue Actual	713.00M	760.00M	732.00M	738.00M

To track all earnings releases for Avaya Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.