Wednesday, April 25, 2007

Avaya posts higher 2nd-qtr profit; shares up

(Reuters) - SAN FRANCISCO, April 25 - Avaya Inc. posted higher quarterly profit on Wednesday as sales of its Internet telephone equipment rose, sending shares up 3.5 percent.

Avaya, a provider of equipment for Web-based telephone calls, said net income rose to $57 million, or 13 cents per share, for the second quarter ended March 31, from $38 million, or 8 cents per share, a year ago.


Read more at Reuters.com Market News

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