Avaya reveals Q1 results
Telephony vendor posts a 8.8 per cent increase in turnover for first quarter
Telephony vendor Avaya has posted a $1.2bn turnover for the first quarter of 2006.
The results are an 8.8 per cent increase from the same point last year and the quarter also included a full contribution from the Tenovis acquisition.
Avaya said its Global Communications Systems revenues rose 11.7 percent year-on-year and Avaya Global Services revenues increased 5.8 percent over the same period.
Don Peterson, chairman and chief executive of Avaya, said: “During the quarter, Avaya shipped its eight millionth IP line, with shipments increasing 16 percent compared to the year ago quarter.
"As we move through 2006, our global size and scale, technology and applications leadership and the scope and breadth of our solutions and services portfolio position us to benefit as enterprises continue to evolve to IP telephony.”