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Recap: Avaya Hldgs Q1 Earnings

 

Avaya Hldgs (NYSE:AVYA) reported its Q1 earnings results on Wednesday, February 9, 2022 at 07:00 AM.

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

Check out this: Executives Buy Around $64M Of 3 Stocks

Earnings

Avaya Hldgs missed estimated earnings by 38.24%, reporting an EPS of $0.42 versus an estimate of $0.68.

Revenue was up $30.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05, which was followed by a 5.05% drop in the share price the next day.

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

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.72 0.71 0.75 0.95
EPS Actual 0.77 0.75 0.74 0.90
Revenue Estimate 738.45M 730.56M 717.70M 723.73M
Revenue Actual 760.00M 732.00M 738.00M 743.00M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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