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Financial Results

Mitel Reports Q3 2017 Results

Mitel delivered solid financial results in what was a very busy quarter for the company.

Enterprise customers transitioning to the cloud helped push our cloud bookings up over 30 percent to a new record while revenues grew 24 percent on an as-reported basis.

“With the completion of the ShoreTel acquisition, we significantly accelerated our cloud strategy, moving Mitel firmly into the #2 position in the UCaaS market on a worldwide basis. With the integration process well under way, we believe that the combined company is ideally positioned to leverage our global scale and strength, and market leading positions in Europe and North America to take customers to the cloud any way they want – leveraging on-site investments, a hybrid solution, or straight to the cloud.”

Rich McBee
CEO,
Mitel

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