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Avaya reports fourth fiscal quarter results

Avaya Inc. has reported net income of US$100 million or earnings of US21 cents per diluted share in the fourth fisc...


October 27, 2004  


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Avaya Inc. has reported net income of US$100 million or earnings of US21 cents per diluted share in the fourth fiscal quarter.

In the same quarter last year, Avaya reported income from continuing operations of US$55 million or US13 cents per diluted share.

Fourth fiscal quarter 2004 revenues increased 11% to US$1.076 billion from revenues of US$971 million in the same period last year.

The company said product sales increased 14% in the fourth quarter compared to a year ago during the same period and that all three business segments were profitable for the second consecutive quarter.


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