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Avaya Holdings Corp (AVYA) |
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EARNINGS REPORT by CSIMarket
Earnings helped by tax benefit
A $20 million tax benefit, helped Avaya Holdings Corp to post $0.44 eps in the fourth quarter 2020 earnings season
![Mobilfunkantennenanlage_Niwre_at_the_German_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common](../news/img/communication/Mobilfunkantennenanlage_Niwre_at_the_German_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common.jpg "Mobilfunkantennenanlage_Niwre_at_the_German_language_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common") Avaya Holdings Corp announced earnings per share of $0.44 and Sales of $721 millions in the fourth quarter 2020 earnings season, Company's earnings turn positive per share, versus $-0.31 eps, earned in the same quarter a year ago, although Avaya Holdings Corp saw it's Sales rise by 4.43 % in the same period. In the previous quarter company realized Sales of $721 millions and bottom line of $0.08 per share. Company achieved net income of $37.000 millions in the fourth quarter 2020 earnings season an improvement versus a net loss of $ -34.000 millions in the same quarter a year ago. The company's bottom-line growth was helped by $20 million tax benefit, without it, the fourth quarter 2020 earnings season results would be much more moderate. Avaya Holdings Corp also emphasized it's improving profit margins, where net margin rose to 4.9% in fourth quarter 2020 earnings season, and operating margin edged up to 9.8%. Avaya Holdings Corp reported net loss of $ -680 millions and Sales of $ 2.87 billions in the fiscal year 2020. Company reported break-even compare to $-6.06 in the previous fiscal year, while Sales decreased by -0.48 % from $2.89 billions a year ago.
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Recently Reported Results |
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Cannabis Global Inc
A $20 million tax benefit, helped Avaya Holdings Corp to post $0.44 eps in the fourth quarter 2020 earnings season
Eps more than doubled from the preceding quarter from $-0.03 per share, from $-0.00 millions.
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Consumer Price Index
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Fritzy Tech Inc
In the second quarter of 2020 earnings season Fritzy Tech Inc reached break-even of $0.00 per share compared to $-0.81 a year ago and from $0.00 per share from the previous quarter.
Fritzy Tech Inc reported operating loss of $-0.003824 millions, in the second quarter of 2020 earnings season, an improvement from the operating shortfall of $-0.077756 millions, realized in second quarter of 2019
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Bylog Group Corp
In the financial fourth quarter of 2019 Bylog Group Corp reached break-even of $0.00 per share compared to $-0.81 a year ago and from $0.00 per share from the previous quarter.
Bylog Group Corp reported operating profit of $0.027611 millions, in the financial fourth quarter of 2019, an improvement from the operating loss of $-0.077756 millions, realized in fourth quarter of 2018
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Temir Corp
In the first quarter of 2020 earnings season Temir Corp loss increased of $-0.01 per share compared to $0.00 a year ago and from $-0.01 per share from the previous quarter.
Sales remained unchanged to $0.01 millions from $0.00 millions in the same quarter a year ago and sequentially Sales Tumbled by -53.51% from $0.03 millions.
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Employment Report
The nonfarm payrolls grew 610,000 in November, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,
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Producer Price Index
U.S. Wholesale prices rose 0.1 % in November, led by growth in food, materials for manufacturing and crude petroleum prices.
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Housing Starts
Housing starts continue to increase after recent decline, as construction of multi-family housing units as well as growing demand for single-family homes, helped to clinch a 1.1 % gain in November.
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Mj Harvest Inc
Mj Harvest Inc reported disappointing financial period ending Nov 30 2020, where Sales melted down by -36.98% to $0.04 millions and company posted loss per share to $-0.01, compared to $-0.02, in the same quarter a year ago.
compared to the previous quarter from $-0.01 per share and Sales Tumbled by -60.11% from $0.11 millions.
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Nve Corp
Nve Corp reported moderate Sales growth of 1.06% to $6.53 millions in the financial time frame ending Dec 31 2020, income increased by 5.19 % to $0.81 year on year.
Sales surged by 49.14 % from $4.38 millions in preceding period, income eps soared by 76.09 % from $0.46 per share.
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Procter and Gamble Co
In the fiscal time frame ending Dec 31 2020 Procter And Gamble Co had Sales of $19.75 billions and earnings per share of $1.47. Sales were up by 10.94% year on year and income increased by 8.09 %.
From the preceding quarter, earnings grew by 37.38 % from $1.07 per share and Sales advanced by 11.57 % from $17.70 billions.
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Mphase Technologies Inc
Mphase Technologies Inc announced earnings per share of $0.01 and Sales of $7.59 millions in the financial first quarter of 2020, Company's earnings turn positive per share, versus $-0.85 eps, earned in the same quarter a year ago, although Mphase Technologies Inc saw its Sales rise by 0.23% in the same period.
In comparison to previous quarter eps dropped by -80.77% from $0.05 per share and Sales decreased by -0.02% from $7.59 millions.
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Aura Systems Inc
In the third quarter of 2019 Aura Systems Inc lost money of $-0.01 per share compared to $-0.01 a year ago and eps fell from $0.04 per share from the previous quarter.
Sales fell sharply by -98.03% to $0.01 millions from $0.40 millions in the same quarter a year ago and sequentially Sales surged by 56.58 % from $0.01 millions.
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Yubo International Biotech Ltd
In the third quarter of 2020 earnings season Yubo International Biotech Ltd reached break-even of $0.00 per share compared to $-0.03 a year ago and from $0.26 per share from the previous quarter.
Yubo International Biotech Ltd reported operating deficit of $-0.025485 millions, in the third quarter of 2020 earnings season, a deterioration from the operating loss of $-0.008 millions, realized in third quarter of 2019
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