Avaya profitable in Q3 for the first time in two years
Avaya has announced a profit of $US8 million for its third fiscal quarter yesterday on revenue of $US1.07 billion, its first profitable quarter in two years, atop a major customer win. The communications equipment and services provider said Merrill Lynch & Co is purchasing Avaya IP telephony gear to serve 7600 workers at its corporate offices and its Tokyo regional headquarters.