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Avaya 7591X : Avaya Mobility Networking Solutions Integration Exam

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Exam Number : 7591X
Exam Name : Avaya Mobility Networking Solutions Integration
Vendor Name : Avaya
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Avaya Solutions certification

Avaya experiences Fourth Quarter and monetary 2021 monetary results, provides Fiscal 2023 and fiscal 2024 pursuits | 7591X Latest Topics and test dumps

this fall revenues of $760 million; FY21 earnings $2.973 billion - an increase of 3.5% yr over year

Avaya OneCloud™ ARR for this fall elevated 177% year over 12 months to $530 million

Cloud, Alliance accomplice and Subscription income became a list forty four% for this fall and 40% for FY21

Signed 119 deals with TCV stronger than $1 million, 18 over $5 million and seven over $10 million in this fall

RALEIGH-DURHAM, N.C.--(enterprise WIRE)--Avaya Holdings Corp. (NYSE: AVYA) nowadays said economic results for the fourth quarter of fiscal 2021 ended September 30, 2021.

financial Highlights

  • this autumn Revenues of $760 million and financial 2021 revenues of $2.973 billion. Fiscal 2021 profits comprises an adjustment of about $15 million for the cumulative impact of an understatement of profits in prior intervals(1)
  • OneCloud ARR (Annualized routine revenue) became $530 million, up 25% sequentially and 177% from a year ago
  • CAPS (Cloud, Alliance associate and Subscription) became 44% of salary, up from 33% a year in the past; and forty% for fiscal 2021
  • For fiscal 2021, application and capabilities were 88% of earnings, flat yr over 12 months
  • ordinary income became 66% for fiscal 2021, up from sixty three% a 12 months in the past
  • GAAP operating profits become $33 million and Non-GAAP operating income changed into $145 million; for fiscal 2021 GAAP working income became $one hundred eighty million and Non-GAAP working income was $602 million
  • GAAP web profits became $6 million and Non-GAAP web revenue turned into $seventy four million; for fiscal 2021 GAAP net loss became $13 million and Non-GAAP internet earnings become $304 million
  • Adjusted EBITDA became $179 million, 23.6% of profits, down 290 foundation aspects 12 months over yr; for fiscal 2021 Adjusted EBITDA became $719 million, 24.2% of profits
  • GAAP income Per Share of $0.06 and Non-GAAP income Per Share of $0.77; for fiscal 2021 GAAP Loss Per Share become $0.20 and Non-GAAP earnings Per Share changed into $3.sixteen
  • Ending money and money equivalents were $498 million
  • “Fiscal 12 months 2021 for Avaya was a yr marked via many firsts, and the magnificent effects they delivered handed expectations on most every front. Most surprising is the undeniable fact that they reversed over a decade of annual income declines, providing yr over year growth closing up about $a hundred million, whereas they also grew ARR 177% to $530 million,” observed Jim Chirico, President and CEO of Avaya. “This yr marked a true and great milestone for the enterprise and that i couldn’t be prouder of the performance or greater thankful for the commitment of their consumers and partners and performance of their international crew as we’ve navigated a purposeful and deliberate event of transformation to be an enterprise cloud chief.”

     

     

    GAAP

     

    Non-GAAP (2)

    (In millions, except percentages)

     

    4Q21

     

    3Q21

     

    4Q20

     

    4Q21

     

    3Q21

     

    4Q20

    profits(1)

     

    $

    760

     

     

    $

    732

     

     

    $

    755

     

     

    $

    760

     

     

    $

    732

     

     

    $

    755

     

    Gross margin

     

    54.6

    %

     

    fifty five.6

    %

     

    55.4

    %

     

    60.4

    %

     

    61.5

    %

     

    61.3

    %

    working revenue

     

    $

    33

     

     

    $

    forty one

     

     

    $

    74

     

     

    $

    one hundred forty five

     

     

    $

    146

     

     

    $

    one hundred seventy

     

    internet salary

     

    $

    6

     

     

    $

    forty three

     

     

    $

    37

     

     

    $

    74

     

     

    $

    seventy three

     

     

    $

    86

     

    profits per share - Diluted

     

    $

    0.06

     

     

    $

    0.43

     

     

    $

    0.39

     

     

    $

    0.77

     

     

    $

    0.75

     

     

    $

    0.ninety three

     

     

     

    GAAP

     

    Non-GAAP (2)

    (In thousands and thousands, except percentages)

     

    FY21

     

    FY20

     

    FY21

     

    FY20

    salary(1)

     

    $

    2,973

     

     

     

    $

    2,873

     

     

     

    $

    2,973

     

     

    $

    2,873

     

    Gross margin

     

    fifty five.5

     

    %

     

    fifty five.0

     

    %

     

    sixty one.4

    %

     

    61.three

    %

    working income (loss)

     

    $

    180

     

     

     

    $

    (455

    )

     

     

    $

    602

     

     

    $

    610

     

    web (loss) income

     

    $

    (13

    )

     

     

    $

    (680

    )

     

     

    $

    304

     

     

    $

    309

     

    (Loss) income per share - Diluted

     

    $

    (0.20

    )

     

     

    $

    (7.45

    )

     

     

    $

    three.sixteen

     

     

    $

    3.03

     

    (In tens of millions, except percentages)

     

    4Q21

     

    3Q21

     

    4Q20

     

    FY21

     

    FY20

    Adjusted EBITDA(2)

     

    $

    179

     

     

    $

    173

     

     

    $

    200

     

     

    $

    719

     

     

    $

    710

     

    Adjusted EBITDA margin(2)

     

    23.6

    %

     

    23.6

    %

     

    26.5

    %

     

    24.2

    %

     

    24.7

    %

    cash (used for) provided via operations

     

    $

    (5

    )

     

     

    $

    11

     

     

    $

    70

     

     

    $

    30

     

     

    $

    147

     

    cash and money equivalents

     

    $

    498

     

     

    $

    562

     

     

    $

    727

     

     

    $

    498

     

     

    $

    727

     

    additional Fourth Quarter Fiscal 2021 Highlights

  • complete Contract cost ("TCV") of $2.0B*
  • brought about 1,600 new emblems
  • enormous enormous deal activity with 119 offers over $1 million TCV, 18 over $5 million TCV and 7 over $10 million TCV
  • ~20% of OneCloud ARR got here from shoppers producing $5 million or more in annual ordinary income
  • ~60% of OneCloud ARR got here from valued clientele generating $1 million or extra in annual ordinary salary
  • ~95% of OneCloud ARR got here from consumers generating $100K or more in annual routine salary
  • ~60% of OneCloud ARR got here from Contact middle consumers
  • (1)during fiscal 2021, the business identified an underestimation of earnings by means of $3 million and $5 million in the Consolidated Statements of Operations for fiscal 2020 and 2019, respectively, and in a real understatement of the outlet Retained income adjustment recorded upon adoption of Accounting requisites replace No. 2014-09, "income from Contracts with purchasers" with the aid of $7 million. The business concluded that the impacts have been not fabric to the present duration or any prior length fiscal statements. due to this fact, the cumulative impact of the understatement changed into recorded all the way through fiscal 2021, leading to an increase to income and Provision for income taxes and a lessen to web loss of $15 million, $2 million, and $13 million, respectively, predominantly in the items and options working phase.

    (2)Non-GAAP gross margin, Non-GAAP working margin (used under), Non-GAAP operating profits, Non-GAAP web earnings, Non-GAAP salary per share, adjusted EBITDA, adjusted EBITDA margin and relentless forex aren't measures calculated in keeping with generally authorized accounting concepts in the U.S. (“GAAP”). check with the "Use of non-GAAP (Adjusted) monetary Measures" under and the Supplemental monetary tips accompanying this press unlock for more information on the calculation of consistent foreign money and a reconciliation of those non-GAAP measures to the most closely related measure calculated in line with GAAP.

    * They outline TCV because the cost of all active ratable contracts that have not been recognized as earnings, together with both billed and unbilled backlog.

    customer Highlights

  • Florida’s Leon County govt is profiting from migrating to an Avaya air of mystery Subscription solution that brings Avaya areas™ collaboration and ease of increase/license administration.
  • U.S. national rail operator Amtrak these days selected an Avaya OneCloud Public solution for personnel engagement to bring superior exceptional monitoring and biometrics a good way to in the reduction of losses from fraud by ~50% and pressure up consumer satisfaction through a deeper knowing of each interplay. In a aggressive bid for the three-12 months contract helping a whole bunch of Amtrak agents and supervisors, their potential to utterly keep in mind the client’s wants and deliver full-cloud capabilities immediately changed into key to being chosen forward of the incumbent issuer in addition to diverse different opponents.
  • Finanz Informatik, the valuable service issuer for discount rates banks in Germany, depends on an Avaya OneCloud deepest UCaaS platform to convey facts core, applications, networks and linked IT capabilities to 300 discounts banks, with 221,000 seats and 2 million calls per day. a new service contract is structured to carry premiere-in-type service today and in the future, including Avaya expert services and Avaya provider management and maintenance.
  • In India, global outsourcer Wipro BPM chose Avaya OneCloud Subscription as the next step on the digital transformation adventure for their contact center due to ease of growth, flexible migration as a part of their cloud and automation plans, and in accordance with Avaya’s decades of constant carrier stages, including operations throughout forty+ ODC’s globally. Wipro’s approximately three,500 agents can proceed to deliver first rate experiences to consumers who're more and more consuming all-digital services, with a full solution suite which contains varied ecosystem components from their API change hub industry.
  • Transcosmos, a Japan-based mostly world BPO, is composing effortless client experiences, decreasing wait times, and enhancing efficiencies and all-round pride throughout the partnership of Avaya OneCloud CCaaS and Google Cloud Contact core AI. This answer will pressure productivity through intuitive and natural dialog interactions across any touchpoint and not using a agent intervention, and through providing sentiment evaluation and contextual insights to agents during live conversations.
  • MAHLE, a worldwide car enterprise with over 70,000 personnel and 160 creation areas, become battling inconsistent customer and employee experiences from their 19 disparate voice carriers. An Avaya OneCloud private Cloud answer with Unified Communications now integrates with Microsoft groups, proposing MAHLE with a single partner and contract, a homogenous characteristic set, and SLA for all places, as they also savor funding protection and decreased administration costs.
  • Waste administration, processing and recycling company Van ensue Containers within the Netherlands is leaving its on-premise model for a cloud method based on Avaya OneCloud CCaaS and Avaya Cloud office. they are going to improvement from reliability, drastically decreased on-web site systems preservation, and platform integrations, together with the capability to join and extend online services akin to chat functionalities via Whatsapp and fb, all built-in with its CRM. personnel can talk and collaborate throughout locations, in real time, with Avaya Cloud office while brokers serve valued clientele by means of CCaaS applications for inquiries, scheduling drop-off and prefer-up of trash and containers through consumer selected contact channels.
  • favourite home Care of ny receives hundreds of calls per day. Their complex and out of date mobilephone device suffered from persistent outages that left sufferers at risk, staff stranded and agents at a standstill. Avaya Cloud workplace by using RingCentral provides a single, convenient-to-administer collaboration platform across their areas for a respectable, consistent event for patients, caregivers and employees. Their groups can even create name flows and queues to assist the enjoyable needs of distinct clients.
  • The Infoline subsidiary of OmanTel, the leading SP within the Sultanate of Oman, is among the quickest-turning out to be BPOs within the center East. Infoline determined to shift from a competitor’s on-premise solution to Avaya OneCloud CCaaS to fulfill projected market boom and to help them boost customer, client, and employee experiences. With this public cloud answer, the BPO can convey significant experiences for conclusion purchasers by way of voice, net chat or email, supported with the aid of clever routing and composable workspaces that bring consumer information from distinctive purposes right into a single pane of glass.
  • company Highlights

  • Avaya became recognized as one of the most Forbes 2021 "World's premiere Employers," receiving this coveted difference for the 2d consecutive year.
  • Avaya and Microsoft introduced a strategic relationship to create a powerful set of joint cloud communications solutions to define the future of client and worker experiences. The joint solutions include the award-winning Avaya OneCloud CPaaS solution, now integrated with the voice, video, chat and SMS capabilities of Microsoft Azure conversation features for mixed international attain, scale and functionality.
  • Avaya and Microsoft have also reinforced the integration of Avaya OneCloud CCaaS and Microsoft Azure to guide:
  • The globally expanding availability of Avaya OneCloud CCaaS hosted in Azure
  • Avaya OneCloud CCaaS natively built-in with Microsoft teams by means of the Microsoft groups related Contact middle Certification program
  • Avaya OneCloud CCaaS integration with Microsoft Dynamics 365
  • Avaya Session Border Controller is also now certified for Microsoft teams Direct Routing and Media bypass, all designed to enhance Avaya’s OneCloud CCaaS solutions
  • Avaya areas made a major jump to the Visionary quadrant in the Gartner Magic Quadrant for assembly options in 2021, and did so in lower than two years of availability available in the market. according to Gartner, “meeting solutions mix communications, collaboration and content sharing to permit virtual assembly situations to fulfill a whole lot of use cases. by way of 2024, the virtual visual campus will become the middle of 30% of meeting experiences, up from 5% these days, as center of attention shifts to enabling collaboration equity to pressure interactive and dynamic engagement.” In a panorama that become largely unchanged from 2020, Avaya changed into one among most effective two companies to peer a quadrant jump in the MQ. here is an remarkable accomplishment for Avaya and a clear validation of the company’s strategy, completeness of imaginative and prescient, and means to execute.
  • Avaya event Builders™ became launched, as a world ecosystem of Avaya features, partners and developers focused on helping agencies build more suitable experiences for personnel and valued clientele, anyplace and on every occasion communications and collaboration occur. The needs of shoppers have modified dramatically, and this ecosystem is uniquely placed to deliver next-generation client and worker experiences through the Avaya OneCloud AI-powered event platform.
  • Avaya turned into recognized by using Metrigy as a MetriStar correct issuer for personnel Optimization (WFO) Platform and with a MetriStar suitable customer Sentiment award for Avaya OneCloud™ UCaaS. Avaya became singled out based on its achievements in providing innovation for customer engagement, and assisting groups achieve business dreams, profits ambitions and efficiencies.
  • Avaya earned Frost & Sullivan’s competitive strategy management Award for Avaya OneCloud CPaaS. according to the record, Avaya stands out in the CPaaS marketplace in essential methods, exceptionally when compared to transactional CPaaS providers. This comprises an business focus that knows the wonderful challenges of vertical industries and integrating with important business purposes in place of protecting another answer or carrier on a client’s present applications.
  • Avaya became identified with two UC these days 2021 Awards: optimum Use of AI for the Avaya areas workstream collaboration solution; and most advantageous CPaaS answer for Avaya OneCloud CPaaS.
  • Avaya launched its annual corporate accountability file, highlighting the development made regarding prioritized environmental, social and governance initiatives, together with climate, diversity, and cybersecurity and facts privateness. The report showcases the policies and programs that force the company’s dedication to developing value and making a positive and lasting impact for its stakeholders, cutting back its affect on the environment, providing a secure and inclusive workplace for all personnel and giving returned to the communities the place Avayans reside and work.
  • CRN®, a manufacturer of The Channel company, named Hope Davó, Avaya national associate supervisor, to its 2021 checklist of Rising feminine Stars. This record honors up-and-coming, gifted women in the IT channel whose contributions are shaping the way forward for the channel through their management, tireless dedication and ingenious ideas. chosen by the CRN editorial group, the second annual Rising female Stars list is made up of super channel management candidates. Honorees are chosen for his or her unique journey, knowledge, influence on their partners and dedication to the IT channel.
  • fiscal Outlook - 1Q Fiscal 2022 - until in any other case noted, values reflect October 31, 2021 FX costs.

  • earnings of $725 million to $745 million
  • GAAP working earnings of $33 million to $48 million; GAAP working margin of 5% to six%
  • Non-GAAP working salary of $131 million to $146 million; non-GAAP working margin of ~18% to twenty%
  • Adjusted EBITDA of $a hundred and sixty million to $175 million; Adjusted EBITDA margin of ~23%
  • Non-GAAP EPS of $0.63 to $0.75
  • fiscal Outlook - Fiscal year 2022 - until otherwise mentioned, values mirror October 31, 2021 FX prices.

  • revenue of $2.975 billion to $3.025 billion
  • OneCloud ARR anticipated to be $880 million to $910 million by year end FY22
  • CAPS revenue will symbolize between 45% and 50% of Avaya's total profits for FY22
  • GAAP working earnings of $193 million to $213 million; GAAP operating margin of ~7%
  • Non-GAAP working revenue of $577 million to $597 million; non-GAAP operating margin of ~19% to twenty%
  • Adjusted EBITDA of $700 million to $720 million; Adjusted EBITDA margin of ~24%
  • Non-GAAP EPS of $2.eighty five to $3.03
  • cash circulation from operations anticipated to be approximately 1% of revenue, as an influence of the enterprise’s accelerated success in moving to a recurring profits model which is leading to bigger working capital necessities
  • approximately 88 million to ninety million diluted weighted ordinary shares fabulous
  • fiscal Outlook - Fiscal 12 months 2023 and 2024 - except otherwise noted, values replicate October 31, 2021 FX quotes. they are targeting:

  • earnings increase in the low to mid-single digit p.c range 12 months-over-year in fiscal 2023 and in the mid- to excessive-single digit % range yr-over-year in fiscal 2024
  • OneCloud ARR of $2 billion at end of fiscal 2024
  • Adjusted EBITDA margin of 23% to 24%
  • money movement from operations within the mid- to high-single digit p.c of revenue for fiscal 2023, and low-double digit % of salary for fiscal 2024
  • The company has not quantitatively reconciled its counsel for adjusted EBITDA, non-GAAP operating profits, or non-GAAP EPS to their respective most similar GAAP measure as a result of certain of the reconciling items that have an effect on these metrics together with, provision for income taxes, restructuring charges, net of sublease revenue, advisory fees, acquisition-connected prices and change in reasonable value of warrants affecting the length, haven't passed off, are out of the enterprise’s handle, or can't be fairly expected. accordingly, reconciliations to the closest GAAP financial measures are not available with out unreasonable effort. Please be aware that the unavailable reconciling objects could enormously have an effect on the enterprise’s effects as said below GAAP.

    As Avaya’s CAPS metric displays profits it's already diagnosed, management believes it could be beneficial to supply buyers with a stronger view into the efficiency of the company’s broader-primarily based OneCloud software solutions that are riding the company’s ordinary profits growth with the aid of additionally presenting a forward-searching metric, Annualized recurring earnings, or OneCloud ARR.

    OneCloud ARR represents their estimate of the annualized revenue run-fee of definite accessories from energetic term OneCloud contracts (no matter if or no longer terminable) at the conclusion of the reporting period. extra principally, OneCloud ARR comprises OneCloud subscription revenue, ACO habitual salary and revenue from CCaaS, spaces, CPaaS, DaaS and private cloud, and excludes maintenance, managed functions salary and ACO one-time funds. The One Cloud ARR metric, combined with the business’s CAPS metric, provides buyers more advantageous visibility into Avaya’s transformational Cloud adventure. Per length OneCloud ARR figures are provided within the slides published on Avaya’s site at https://www.avaya.com on the Investor family members web page.

    Avaya’s outlook does not include the potential affect of any enterprise combinations, asset acquisitions, divestitures, strategic investments, or other significant transactions that may be completed after the date hereof. genuine consequences may differ materially from Avaya’s outlook as a result of, amongst other things, the elements described below “ahead-searching Statements” beneath.

    conference name and Webcast

    Avaya will host a reside webcast and convention call to talk about its monetary consequences at eight:30 AM eastern Time on November 22, 2021. To entry the are living conference name by means of cellphone, listeners should dial +1-877-858-7671 within the U.S. or Canada and +1-201-389-0939 for international callers. To be a part of the are living webcast, listeners should entry the investor page of Avaya's web page at https://investors.avaya.com.

    Following the live webcast, a replay could be attainable on the investor web page of Avaya's website for a length of three hundred and sixty five days. A replay of the conference name might be available for one week quickly after the call via mobile by way of dialing +1-877-660-6853 within the U.S. or Canada and +1-201-612-7415 for overseas callers, the use of the convention access code: 13724532.

    About Avaya

    agencies are constructed with the aid of the experiences they give, and standard tens of millions of those experiences are delivered by means of Avaya Holdings Corp. (NYSE: AVYA). Avaya is shaping what's subsequent for the way forward for work, with innovation and partnerships that convey game-changing company advantages. Their cloud communications options and multi-cloud application ecosystem power customized, intelligent, and easy customer and employee experiences to help achieve strategic ambitions and preferred effects. together, we're dedicated to help develop your company by providing Experiences that be counted. gain knowledge of greater at https://www.avaya.com.

    Cautionary word involving forward-looking Statements

    This free up contains certain “forward-searching statements.” All statements apart from statements of old truth are “ahead-searching” statements for purposes of the U.S. federal and state securities legal guidelines. These statements can be identified by the use of forward-searching terminology similar to "assume," "consider," "proceed," "could,“ "estimate," "are expecting," "intend," "may also," "may," “our imaginative and prescient,” "plan," "knowledge," "preliminary," "predict," "should,“ "will," or “would” or the terrible thereof or other adaptations thereof or related terminology. The business has based mostly these ahead-looking statements on its existing expectations, assumptions, estimates and projections. These statements, together with the business’s outlook, don't include the skills affect of any enterprise combos, asset acquisitions, divestitures, strategic investments or different strategic transactions achieved after the date hereof. whereas the enterprise believes these expectations, assumptions, estimates and projections are reasonable, such forward-searching statements are simplest predictions and contain commonplace and unknown dangers and uncertainties, lots of that are past its handle. dangers and uncertainties that can cause these forward-searching statements to be inaccurate consist of, amongst others, termination or change of existing contracts which could impair attainment of their OneCloud ARR metric; the length, severity and imp

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