Avaya CEO Kevin Kennedy says it will focus on growth via new product absorption in 2013

    Infotech Lead America: Avaya CEO and President Kevin Kennedy said it will focus on growth via new product absorption and continued productivity improvements in 2013.

    Avaya CEO and President Kevin Kennedy

    “Fiscal 2012 was challenged by cautious or deferred spending in several sectors. We are encouraged by our performance over the last two quarters and our operating income improvement for the year,” said Avaya CEO and President Kevin Kennedy.

    Avaya has introduced new products in the small and medium business segment and in open mobile enterprise collaboration during Q4. The acquisition of Radvision was significant.

    For the fourth fiscal quarter, revenue of Avaya was $1.28 billion, up 2 percent compared to the prior quarter and down 10 percent compared to the fourth fiscal quarter of fiscal 2011.

    Operating income was $76 million compared to operating income of $23 million for the prior quarter and $84 million for the fourth quarter of fiscal 2011.

    For fiscal 2012, Avaya reported revenue of $5.17 billion, down 7 percent compared to fiscal 2011 revenue of $5.55 billion. Operating income improved by $209 million to $115 million in fiscal 2012 compared to an operating loss of $94 million in fiscal 2011.

    Global Communications Solutions revenue of $588 million increased 4.8 percent compared to the prior quarter and decreased 15.0 percent compared to the fourth quarter of fiscal 2011.

    Networking revenue of $64 million decreased 13.5 percent compared to the prior quarter and decreased 16.9 percent compared to the fourth quarter of 2011.

    Avaya Global Services revenue of $625 million increased 1.5 percent compared to the prior quarter and decreased 4.0 percent compared to the fourth quarter of 2011.

    Revenue from the U.S. represented 54 percent of revenue for the fourth quarter.

    EMEA represented 26 percent of revenue for the fourth quarter.

    Asia – Pacific represented 10 percent of revenue for the fourth quarter.

    Americas International represented 10 percent of revenue for the fourth quarter.

    [email protected]