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Exam Code: 7241X Practice exam 2022 by Killexams.com team
7241X Avaya Equinox Solution with Avaya Aura Collaboration Applications Support

Exam ID : 7241X
Exam Title : Avaya Equinox™ Solution with Avaya Aura® Collaboration Applications Support
Number of Questions : 66
Duration of exam : 105 minutes
Passing Scores : 68% (45 of 66 correct)

The Avaya Equinox™ Solution with Avaya Aura® Collaboration Applications Support exam (7241X) is a requirement to earn the ACSS - Avaya Equinox™ Solution with Avaya Aura® Collaboration Applications credential.

This exam has 66 questions and the minimum passing score is 68% (45 of 66 correct). The candidate has 105 minutes to complete this exam.
Avaya Equinox™ Solution with Avaya Aura® Collaboration Applications Support

Identify and describe the phases in the 8D Troubleshooting Methodology
Identify the Avaya® Aura Collaboration Application architectures
Perform baseline troubleshooting on Avaya Aura® Collaboration Applications
Explain and diagram message and call flow scenarios for:
o Avaya Equinox Conferencing and Equinox clients within a corporate network
o Avaya Equinox Conferencing and Equinox clients within a public network
o Avaya Aura Multimedia Messaging
o Avaya Equinox Management OTT and Avaya Aura Team Engagement
o Use the 8D Troubleshooting Methodology and relevant tools to isolate and resolve operational issues for:
o Avaya Equinox Conferencing including Scopia/Video
o Avaya Equinox Clients
o Avaya Equinox Clients in a public access scenario
o Avaya Equinox Conferencing in a public access scenario

Avaya Equinox Solution with Avaya Aura Collaboration Applications Support
Avaya Collaboration certification
Killexams : Avaya Collaboration certification - BingNews https://killexams.com/pass4sure/exam-detail/7241X Search results Killexams : Avaya Collaboration certification - BingNews https://killexams.com/pass4sure/exam-detail/7241X https://killexams.com/exam_list/Avaya Killexams : Unified Communication and Collaboration Market Growing Massively by Avaya, Cisco, IBM

New Jersey, United States, Dec 06, 2022 /DigitalJournal/ Unified Communication and Collaboration Market research is an intelligence report with meticulous efforts undertaken to study the correct and valuable information. The data that has been reviewed takes into account both existing top players and upcoming competitors. The Unified Communication and Collaboration market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others.

The global Unified Communication and Collaboration Market is expected to grow at a Robust CAGR of 13% during the forecasting period of 2022 to 2029.

Unified Communication and Collaboration (UC&C) is a term used to describe a set of technologies that allow people to communicate and collaborate in real-time and in a variety of ways. This includes audio and video conferencing, instant messaging, voice over IP (VoIP), presence systems, file and data sharing, and web and video conferencing. UC&C tools can help Excellerate employee productivity and collaboration, as well as reduce costs.

Get the PDF sample Copy (Including FULL TOC, Graphs, and Tables) of this report @:

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Some of the Top companies Influencing this Market include:

Avaya, Cisco, IBM, Microsoft, 88, Aastra Technologies, Huawei, BroadSoft, Damovo, Dell, Genesys, HPE, Juniper Networks, Logitech International, Orange, Polycom, Verizon,

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Unified Communication and Collaboration market. This report consolidates primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.

Global Unified Communication and Collaboration market segmentation:

The market is segmented based on the type, product, end users, raw materials, etc. the segmentation helps to deliver a precise explanation of the market

Market Segmentation: By Type

Collaboration
Telephone
Unified Messaging
Conferencing
Services and Tools

Market Segmentation: By Application

Enterprise Collaboration
Enterprise Telephony
Contact Center

Global Unified Communication and Collaboration Market research report offers:

  • Market definition of the global Unified Communication and Collaboration market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
  • Extensive research on the competitive landscape of global Unified Communication and Collaboration
  • Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
  • A comprehensive list of key market players operating in the global Unified Communication and Collaboration market.
  • Analysis of the different market segments such as type, size, applications, and end-users.
  • It offers a descriptive analysis of demand-supply chaining in the global Unified Communication and Collaboration market.
  • Statistical analysis of some significant economics facts
  • Figures, charts, graphs, pictures to describe the market clearly.

For Any Query or Customization:

https://a2zmarketresearch.com/ask-for-customization

Regions Covered in Global Unified Communication and Collaboration Market Report 2022:
Middle East & Africa (GCC countries & Egypt)
North America (United States, Mexico & Canada)
South America (Brazil, etc.)
Europe (Turkey, Germany, Russia, UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

The cost analysis of the Global Unified Communication and Collaboration Market has been performed considering manufacturing expenses, labor cost and raw materials along with their market concentration rate, suppliers and the price trend. It also assesses the bargaining power of suppliers and buyers, the threat of new entrants and product substitutes, and the degree of competition prevailing in the market. Other factors such as supply chain, downstream buyers, and sourcing strategy have been assessed to provide a comprehensive and in-depth view of the market.

The report answers questions such as:

  1. What is the market size and forecast of the global Unified Communication and Collaboration market?
    2. What are the inhibiting factors and impact of COVID-19 on the global Unified Communication and Collaboration market during the forecast period?
    3. What are the products/segments/applications/areas to invest in during the forecast period in the global Unified Communication and Collaboration market?
    4. What is the competitive strategic window for opportunities in the global Unified Communication and Collaboration market?
    5. What are the technological trends and regulatory frameworks in the global Unified Communication and Collaboration market?
    6. What is the market share of the major vendors in the global Unified Communication and Collaboration market?
    7. What modes and strategic moves are considered appropriate for entering the global Unified Communication and Collaboration market?

Contents

Global Unified Communication and Collaboration Market Research Report 2022-2029

Chapter 1 Unified Communication and Collaboration Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Unified Communication and Collaboration Market Forecast

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Mon, 05 Dec 2022 22:50:00 -0600 A2Z Market Research en-US text/html https://www.digitaljournal.com/pr/unified-communication-and-collaboration-market-growing-massively-by-avaya-cisco-ibm
Killexams : Revamped Avaya Roadmap Orbits Around Cloud, Experience Platform

Networking News

Gina Narcisi

The UC giant’s updated product roadmap reflects Avaya’s plan to tap into its massive install base and pave the way for migration to the cloud or the addition of over-the-top cloud solutions that won’t “disrupt” communications infrastructure that’s already in place, the company tells CRN.

 ARTICLE TITLE HERE

Avaya experienced a turbulent 2022 with missed revenue targets and earnings, layoffs, and a new CEO brought on to redirect the company. Now, the unified communications powerhouse is unveiling an updated and simplified product roadmap.

The company is placing a larger emphasis on the omnichannel Avaya Experience platform, the centerpiece of its cloud strategy, in a way that both addresses the market demand for all-in-one for contact center as-a-service (CCaaS) solutions, while balancing the needs of its massive install base of customers, Steve Forcum, head of Solutions Marketing for Avaya, told CRN.

“What we want to do is we want to meet our customers where they are. Experience Platform is an incredible piece of tech, but at the end of the day, moving what works in your organization to a different platform simply to add these capabilities is a lot of times a nonstarter for our customers,” he said.

The Avaya Experience Platform is the company’s “North Star” in which the rest of Avaya’s portfolio orbits, Forcum said. The goal of the platform is to empower organizations to support the touch points that occur between the business or brand and the end customers, but then weaving them into an ongoing discussion. “This is really where the magic happens,” he said. “If I’m in a discussion with a customer and they tell me that two weeks ago, they spoke to someone, I can actually go back in time [and] see who that person was talking to and pull up the transcript of what was said. This way, I can pick that conversation where and when it left off and then treat it like a relay race for the next employee that’s going to interact with this customer.”

The next step will include harvesting the data collected by the platform and turning it into actionable information for partners and end customers that go beyond simple performance metrics, Forcum said.

[Related: Avaya CEO Calls For ‘Innovation Without Disruption’ For Enterprises ]

Avaya is still the largest premise-based UC provider on the market, which gives partners the unique ability to transition or even partially transition customers to the cloud based on their requirements, according to the company. There are many customers that aren’t looking to rip and replace their existing premise-architected communications solutions, but they may be interested in moving to the cloud for contact center-as-a-service (CCaaS) or an omnichannel collaboration solution, Avaya’s new CEO Alan Masarek told CRN in September.

“The beauty is, no one wants to go through that loss of the rip and replace. We can uniquely provide what competitors can’t. A competing [solution], by definition, is a complete rip and replace. Ours is not. It’s innovation without disruption and that really resonates with customers and partners,” Masarek said.

Offering innovation without disruption starts with Avaya’s customer base currently on the Avaya Aura and Contact Center Elite platforms, which make up the bulk of Avaya’s 100 million-seat install base, Forcum said.

Most of these customers have these solutions deployed in their data centers, he added. “The first thing we’re communicating to these customers is that if it ain’t broke, you don’t need to fix it. If your voice is routing properly, if you’ve got all these applications intertwined and you don’t want to move that to somewhere else, you don’t have to.”

This strategy will allow partners to help their customers “upgrade in place,” while keeping the existing platform current, while buying the product on a perpetual license or if they move to a subscription model. “You can pull down services from Experience Platform to add to that environment … we’re empowering further choice,” Forcum said.

Avaya in 2023 will be launching a unified client for Contact Center Elite and the Experience Platform to supply users a single sign-on and pane of glass with which to view customer interactions. Avaya will also be adding an over-the-top integration between the Experience Platform and Avaya IP Office for VoIP, Forcum added.

For customers that are ready to go all-in on cloud for their communications needs, Avaya is ready to move IP Office users to Avaya Cloud Office (ACO), its UC offering based on the RingCentral platform. ACO and the Experience Platform are already fully integrated for combined UC and CCaaS needs.

Avaya said it plans on introducing more than 300 new features and enhancements to its communications solutions over the course of 2023.

Removing Complexity

In going live with its updated product roadmap, Avaya wanted to stress clarity and simplicity, Forcum said.

One of the first places the Durham, N.C.-based company is starting is injecting clarity within its product naming convention, which has been “conceptual” and will now be more “tangible,” Forcum said. For example, the company’s OneCloud CCaaS cloud-based contact center solution is now referred to as the Avaya Experience Platform. Avaya OneCloud Private, its private cloud offering, is now Avaya Enterprise Cloud as a nod to the offering’s strength with large customers, the company said.

“This is an ongoing effort that will be applying to other areas of our product portfolio to make it easier to understand when we’re explaining solutions, and when customers are looking at different products, and what we’re actually aiming at,” he said.

The embattled company, in addition to simplifying its product portfolio, has also been working on “right sizing the organization. Avaya in September initiated cost-cutting measures that includes an unspecified number of layoffs following its plan announced in July to begin “significant” cost-cutting measures to the tune of $225 million to $250 million during the company’s last fiscal quarter.

“As previously stated, lowering our costs, including through a reduction in our workforce, is necessary to position Avaya as a more agile and innovative organization and to align Avaya’s cost structure with our contractual, recurring revenue business model,” said Avaya CEO Alan Masarek in a statement regarding the layoffs two months ago.

Masarek said the company’s “reset” has required difficult decisions across the organizations and within Avaya’s portfolio, but said the changes are “necessary” to facilitate the company’s software transformation, in a blog post published on Tuesday.

Avaya has about 90,000 customers globally, according to the company.

Gina Narcisi

Gina Narcisi is a senior editor covering the networking and telecom markets for CRN.com. Prior to joining CRN, she covered the networking, unified communications and cloud space for TechTarget. She can be reached at gnarcisi@thechannelcompany.com.

Tue, 29 Nov 2022 17:16:00 -0600 en text/html https://www.crn.com/news/networking/revamped-avaya-roadmap-orbits-around-cloud-experience-platform
Killexams : Avaya Investor Alert

New York, New York--(Newsfile Corp. - December 6, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Avaya Holdings Corp. ("Avaya" or the "Company") (NYSE: AVYA).

If you suffered losses exceeding $50,000 investing in Avaya stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AVYA.

Tue, 06 Dec 2022 21:25:00 -0600 en-US text/html https://www.wsj.com/articles/avaya-investor-alert-01670367991
Killexams : ISON Technologies in Collaboration with AVAYA Seeks Digital Transformation in Africa

ISON Technologies, in partnership with Avaya, recently hosted an exclusive customer experience management (CEM) event to address the needs of businesses in Nigeria in building connected experiences for today’s digital world. The event which took place at the Intercontinental Hotel, Victoria Island, Lagos, was well attended by industry experts and IT professionals.

The Customer Experience Event provided invaluable insight into how businesses can achieve greater value from Avaya’s communications solutions and iSON Technologies and how these jointly can solve some of Nigeria’s pressing business challenges. The event also provided an environment for leaders to gain knowledge on accurate advancements in designing, building and operating the right technology to underpin business growth.

At the event, the Vice President and Head of Services, iSON Technologies, Saurabh Jain assured customers of iSON Technologies’ commitment to providing a full stack of IT Services across the lifecycle of business design. “As a strategic Digital transformation and operations partner in the domain of IT services, infrastructure and datacenter design & management in Africa and Middle East, iSON Technologies has narrowed its focus on customer experience management solutions and technology in Africa”, he stated.

Also speaking at the event was Karam Jabi, Managing Director for Avaya in Africa, who expressed confidence in the successful partnership of Avaya and iSON Technologies. He said: “Businesses around the world are looking to simple and efficient ways to integrate emerging technologies to differentiate for talent retention and customer loyalty. With Avaya being a global leader in the communications industry for the digital world, we look at partners like iSON to bring our customers’ vision to reality.

This year, Avaya is one of two companies named a Worldwide Leader in both Contact Center Infrastructure and Unified Communications by Gartner 2018 Magic Quadrants.

More than 90% of the Fortune 100 are Avaya customers, and companies in over 170 countries around the world choose Avaya contact center solutions to transform their customer service and support operations. Avaya’s comprehensive, end-to-end portfolio helps drive digital transformation by providing a secure, flexible platform, the ability to create and integrate applications from Avaya, in house or from third parties, and the workforce management tools to ensure continuous improvement.

Avaya’s flagship contact center offering, Avaya Oceana™, enables omnichannel capabilities for a personalized, multi-touch customer experience, a context-rich agent environment and seamless interactions and handoffs between mobile, self, and assisted service.

ISON Technologies is concerned with developing skills and leveraging resources pools in Africa. So far, iSON Technologies aims to deliver over 1 billion voice traffic transactions management per year for various enterprises, 70% market share on delivering services to telecom companies in Africa on Avaya platform, 99.5% plus availability ensured for the business to deliver optimum customer service, 100 plus applications are being managed and enhanced every quarter, 100 plus skilled resources on various products of Avaya technology and 25 plus core team of application development across customer experience platform.

Thu, 01 Dec 2022 10:00:00 -0600 en-US text/html https://www.thisdaylive.com/index.php/2018/09/25/ison-technologies-in-collaboration-with-avaya-seeks-digital-transformation-in-africa/
Killexams : Avaya names Dino Beverakis as new ANZ managing director

Unified communications vendor Avaya has appointed Dino Beverakis as its new ANZ managing director, promoting him from head of professional services.

Beverakis is replacing Simon Vatcher who was Avaya's managing director ANZ from August 2020 to July 2021, originally replacing Peter Chidiac.

As managing director, Beverakis will be responsible for driving both new and existing opportunities with ANZ customers and partners. This includes supporting their cloud communications migrations, hybrid work and digital collaboration strategies, and customer service transformations.

Beverakis is also tasked to achieve increased growth within the region, which includes extending relationships with customers and channel partners in Federal and State Government, banking and financial services and education.

Based in Sydney, Beverakis will report to Avaya’s vice president for East Asia and the Pacific Sami Ammous. 

Ammous commented, “Dino played a key role in the growth of our Professional Services business across APAC – a critical part of our now-completed transition to a software and services company."

“His exceptional knowledge of the ANZ markets and local players, combined with experience at every stage of the customer lifecycle, enables us to take a proactive role in accelerating the long-term ambitions of our customers and partners with communications and collaborations solutions tailored to work for their businesses, employees, and cost models.”

Joining Avaya four years ago, Beverakis worked as Avaya’s head of professionals services ANZ and led a team of specialists who provided the consulting, design and implementation of communication channels to a range of professional services customers.

Prior to Avaya, Beverakis worked at Optus as director of professional services from 2016 to 2018, professional services manager NSW from 2015 to 2016 and other managerial roles from 2012 to 2015. He also worked at The Somerville Group as national services manager from 2010 to 2012, regional manager at Hewlett Packard from 2006 to 2009 and Macquarie Telecom from 2004 to 2006 as national operations manager and project director.

Commenting on his appointment, Beverakis said, “Companies on both sides of the Tasman are accepting the critical role that digital applications and services play in keeping employees and customers connected, and in turning the cogs of our national economies.

“Together with our channel, alliance and master agent partners, Avaya’s focus is to enable new customer and employee experiences for local organisations as the needs of ANZ’s workforces and consumers continue to evolve.”

Sun, 04 Dec 2022 22:31:00 -0600 text/html https://www.crn.com.au/news/avaya-names-dino-beverakis-as-new-anz-managing-director-588721
Killexams : Avaya discloses ICFR weaknesses linked to whistleblower logs

Avaya Holdings disclosed its assessment of internal control over financial reporting (ICFR) in its fiscal year 2021 annual report can’t be relied upon, along with acknowledging weaknesses in its ethics and compliance program.

The deficiencies in internal control over financial reporting (ICFR) represented “material weaknesses,” the cloud technology company said in a filing with the Securities and Exchange Commission (SEC) on Wednesday. While Avaya contends with the control lapses, the company will file late its annual report for the year ended Sept. 30, 2022, it disclosed separately.

The announcements follow internal investigations and audits the company launched after learning its financial results for the quarter ended June 30, 2022, would be “significantly lower than previous expectations,” according to a late filing notice Avaya delivered to the SEC on Aug. 9.

Fri, 02 Dec 2022 04:33:00 -0600 Adrianne Appel en text/html https://www.complianceweek.com/accounting-and-auditing/avaya-discloses-icfr-weaknesses-linked-to-whistleblower-logs/32407.article
Killexams : Avaya Investor Alert

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Avaya To Contact Him Directly To Discuss Their Options

New York, New York--(Newsfile Corp. - December 6, 2022) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Avaya Holdings Corp. ("Avaya" or the "Company") AVYA.

If you suffered losses exceeding $50,000 investing in Avaya stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AVYA.

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.

On June 27, 2022, Avaya announced $600 million in aggregate financing commitments, including $350 million of new Senior Secured Term Loans and $250 million of Exchangeable Senior Secured Notes. Management claimed "[t]his funding supports and accelerates our business model transformation."

A month later, on July 28, 2022, Avaya announced its board fired CEO James M. Chirico, Jr. The company also announced disastrous preliminary Q3 2022 financial results that included expected revenues and adjusted EBITDA well below previously given guidance and an unquantified but "significant" impairment charge. In addition, the company withdrew its 2022 guidance. This news sent the price of Avaya shares crashing 57% lower the next day.

Then, on Aug. 9, 2022, Avaya announced: (1) it determined there is substantial doubt about its ability to continue as a going concern; (2) it would not timely file its financial statements for the quarter ended June 30, 2022; (3) its Audit Committee commenced internal investigations into circumstances surrounding the company's financial results for the quarter; and, (4) the Committee also commenced an investigation into matters raised by a whistleblower. This news sent the price of Avaya shares crashing 45% lower that day.

Most recently, on Nov. 30, 2022, Avaya announced it would not timely file its financial statements for its fiscal year ended Sept. 30, 2022, revealed that its internal investigation is continuing, and admitted that it did not appropriately log the whistleblower's email received by a member of its Board of Directors and did not convey its existence to management or to its outside auditor.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/146996

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tue, 06 Dec 2022 09:11:00 -0600 text/html https://www.benzinga.com/pressreleases/22/12/29984829/avaya-investor-alert
Killexams : Avaya Names Dino Beverakis Managing Director For Australia And New Zealand

Sydney, Australia – December 5, 2022 – Avaya (NYSE:AVYA) today announced Dino Beverakis has been appointed Managing Director for Australia and New Zealand (A/NZ). Beverakis is tasked with driving new and expanding existing opportunities to support local customers’ and partners’ cloud communications migrations, hybrid work and digital collaboration strategies, and customer service transformations.

Beverakis joined Avaya four years ago, bringing with him more than 30 years’ IT industry and service delivery expertise from management roles at Optus, First Focus IT and Hewlett Packard, among others. He was most recently Avaya’s Head of Professional Services A/NZ, where he led a team of specialists who provided the consulting, design and implementation of communication channels to a range of professional services customers.

In his new role, Beverakis is charged with driving growth in the region. This will include extending relationships with customers and channel partners in Federal and State Government, banking and financial services and education.

Commenting on his appointment, Beverakis said, “Companies on both sides of the Tasman are accepting the critical role that digital applications and services play in keeping employees and customers connected, and in turning the cogs of our national economies.

“Together with our channel, alliance and master agent partners, Avaya’s focus is to enable new customer and employee experiences for local organisations as the needs of A/NZ’s workforces and consumers continue to evolve.”

Beverakis is based in Sydney and reports to Sami Ammous, Vice President for East Asia and the Pacific at Avaya.

“Dino played a key role in the growth of our Professional Services business across APAC – a critical part of our now-completed transition to a software and services company,” Ammous said. “His exceptional knowledge of the A/NZ markets and local players, combined with experience at every stage of the customer lifecycle, enables us to take a proactive role in accelerating the long-term ambitions of our customers and partners with communications and collaborations solutions tailored to work for their businesses, employees, and cost models.”

###

About Avaya
Businesses are built by the experiences they provide, and everyday millions of those experiences are delivered by Avaya Holdings Corp. (NYSE: AVYA). Avaya is shaping what's next for the future of work, with innovation and partnerships that deliver game-changing business benefits. Our cloud communications solutions and multi-cloud application ecosystem power personalized, intelligent, and effortless customer and employee experiences to help achieve strategic ambitions and desired outcomes. Together, we are committed to help grow your business by delivering Experiences that Matter. Learn more at http://www.avaya.com

© Scoop Media



Sun, 04 Dec 2022 21:18:00 -0600 text/html https://www.scoop.co.nz/stories/BU2212/S00052/avaya-names-dino-beverakis-managing-director-for-australia-and-new-zealand.htm
Killexams : AVAYA INVESTOR ALERT

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Avaya To Contact Him Directly To Discuss Their Options

NEW YORK, Dec. 1, 2022 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Avaya Holdings Corp. ("Avaya" or the "Company") AVYA.

If you suffered losses exceeding $50,000 investing in Avaya stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/AVYA.

There is no cost or obligation to you.

Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.

On June 27, 2022, Avaya announced $600 million in aggregate financing commitments, including $350 million of new Senior Secured Term Loans and $250 million of Exchangeable Senior Secured Notes. Management claimed "[t]his funding supports and accelerates our business model transformation."

A month later, on July 28, 2022, Avaya announced its board fired CEO James M. Chirico, Jr. The company also announced disastrous preliminary Q3 2022 financial results that included expected revenues and adjusted EBITDA well below previously given guidance and an unquantified but "significant" impairment charge. In addition, the company withdrew its 2022 guidance. This news sent the price of Avaya shares crashing 57% lower the next day.

Then, on Aug. 9, 2022, Avaya announced: (1) it determined there is substantial doubt about its ability to continue as a going concern; (2) it would not timely file its financial statements for the quarter ended June 30, 2022; (3) its Audit Committee commenced internal investigations into circumstances surrounding the company's financial results for the quarter; and, (4) the Committee also commenced an investigation into matters raised by a whistleblower. This news sent the price of Avaya shares crashing 45% lower that day.

Most recently, on Nov. 30, 2022, Avaya announced it would not timely file its financial statements for its fiscal year ended Sept. 30, 2022, revealed that its internal investigation is continuing, and admitted that it did not appropriately log the whistleblower's email received by a member of its Board of Directors and did not convey its existence to management or to its outside auditor.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.

View original content to download multimedia:https://www.prnewswire.com/news-releases/avaya-investor-alert-301691792.html

SOURCE Faruqi & Faruqi, LLP

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Thu, 01 Dec 2022 06:47:00 -0600 text/html https://www.benzinga.com/pressreleases/22/12/n29931207/avaya-investor-alert
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