Avaya Inc. Presents at Barclay's High Yield and Syndicated Loan Conference, May-21-2013 03:25 PM. Venue: JW Marriott Chicago, 151 W. Adams Street, Chicago, Illinois, United States. Speakers: Matt Booher, Vice President of Treasury & Investor Relations.

Avaya Inc. reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported operating loss of $72 million against $66 million for the same period a year ago. Loss before income taxes was $189 million against $186 million for the same period a year ago. Net loss was $192 million against $162 million for the same period a year ago. Revenue was $1,118 million against $1,257 million for the same period a year ago. EBITDA was $34 million against $64 million for the same period a year ago. Adjusted EBITDA was $172 million against $200 million for the same period a year ago. Non-GAAP Operating income was $113 million against $138 million for the same period a year ago. Revenue was down 9.8% compared to the prior quarter, primarily due to seasonality in all four theaters as customers continued to have extended procurement cycles. Cash from operations was $82 million against $41 million a year ago. Capital expenditure was $27 million against $31 million a year ago. For the six months, the company reported operating loss of $49 million against operating income of $16 million for the same period a year ago. Loss before income taxes was $283 million against $214 million for the same period a year ago. Net loss was $277 million against $188 million for the same period a year ago. Revenue was $2,358 million against $2,644 million for the same period a year ago. EBITDA was $161 million against $287 million for the same period a year ago. Adjusted EBITDA was $423 million against $479 million for the same period a year ago. Net cash provided by operating activities was $88 million against $31 million a year ago. For the quarter, the company reported goodwill impairment of $89 million.

Marathon Patent Group, Inc. announced that its subsidiary Relay IP has filed patent infringement lawsuits in the United States District Court for the District of Delaware against Sprint Nextel Corporation, Juniper Networks, Cisco Systems, Bloomberg L.P., Hitachi Cable America, D-Link Corporation, Avaya, Hewlett-Packard Company, Enterasys Networks, Extreme Networks, TIBCO Software, BT Group, SAVVIS Inc., Zhone Technologies, Huawei Technologies, Allied Telesis, and Adtran (the "Defendants"). Relay is asserting infringement related to U.S. Patent number 5,331,637, entitled Multicast Routing Using Core Based Trees. The lawsuit alleges that the Defendants have infringed, and continue to infringe, the claims of the patent in suit by using the accused IP Multicast systems and methods covered by the claims of the Relay patent.