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Avaya Expects Rise in 3Q Earnings

June 11, 2002

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BASKING RIDGE, N.J. (AP) _ Telephone system maker Avaya Inc. said Monday that it anticipates a modest increase in earnings per share for the third fiscal quarter.

But the Basking Ridge-based company, spun off from Lucent Technologies in September 2000, expects a flat to a moderate decline in revenues from the previous quarter.

The forecast is subject to the final mix of revenues in the third quarter, according to the company.

Avaya is the top seller of phone systems in the United States and a world leader in messaging and call centers, voice communications systems, and cable equipment that links telephones and computers inside companies.

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