Summary
78.56 0.09(0.11%)07/08/2024
Amdocs Ltd (DOX)
Amdocs Ltd (DOX)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.11 | -0.53 | 1.49 | -10.65 | -10.60 | -19.52 | 35.52 | 572.37 |
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| Trading Data | ||
| Close | 78.56 | |
| Open | 78.60 | |
| High | 79.05 | |
| Low | 78.32 | |
| Volume | 140,521 | |
| Change | 0.09 | |
| Change % | 0.11 | |
| Avg Volume (20 Days) | 591,823 | |
| Volume/Avg Volume (20 Days) Ratio | 0.24 | |
| 52 Week Range | 74.41 - 98.55 | |
| Price vs 52 Week High | -20.28% | |
| Price vs 52 Week Low | 5.58% | |
| Range | 0.51 | |
| Gap Up/Down | -1.59 | |
Fundamentals | ||
| Market Capitalization (Mln) | 9,096 | |
| EBIDTA | 926,828,032 | |
| PE Ratio | 18.6614 | |
| PEG Ratio | 1.1951 | |
| WallStreet Target Price | 101.90 | |
| Book Value | 30.4490 | |
| Earnings Per Share | 4.4600 | |
| EPS Estimate Current Quarter | 1.5700 | |
| EPS Estimate Next Quarter | 1.6000 | |
| EPS Estimate Current Year | 6.4300 | |
| EPS Estimate Next Year | 7.0700 | |
| Diluted EPS (TTM) | 4.4600 | |
| Revenues | ||
| Profit Marging | 0.1062 | |
| Operating Marging (TTM) | 0.1500 | |
| Return on asset (TTM) | 0.0715 | |
| Return on equity (TTM) | 0.1471 | |
| Revenue TTM | 4,969,573,888 | |
| Revenue per share TTM | 42.2200 | |
| Quarterly Revenue Growth (YOY) | 0.0180 | |
| Quarterly Earnings Growth (YOY) | -0.1810 | |
| Gross Profit (TTM) | 1,619,150,000 | |
| Dividends | ||
| Dividend Share | 1.7840 | |
| Dividend Yield | 0.0230 | |
| Valuations | ||
| Trailing PE | 18.6614 | |
| Forward PE | 13.1406 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.8051 | |
| Revenue Enterprise Value | 2.0596 | |
| EBITDA Enterprise Value | 11.6550 | |
| Shares | ||
| Shares Outstanding | 116,502,000 | |
| Shares Float | 116,257,331 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.02 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 96.65 | |
06/20 14:00 EST - investorplace.com
Ahead of the Curve: 3 Tech Stocks to Get In on Early
Wall Street is soaring to new heights in 2024, buoyed by a robust U.S. economy as well as investor interest in advancements in artificial intelligence. As a result, the S&P 500 index gained over 15%, while the tech-heavy Nasdaq Composite index has advanced over 18% year-to-date.
Ahead of the Curve: 3 Tech Stocks to Get In on Early
Wall Street is soaring to new heights in 2024, buoyed by a robust U.S. economy as well as investor interest in advancements in artificial intelligence. As a result, the S&P 500 index gained over 15%, while the tech-heavy Nasdaq Composite index has advanced over 18% year-to-date.
06/18 02:00 EST - accesswire.com
Amdocs Collaborates with Google Cloud for Real-Time Data Insights
Amdocs now leverages Google Cloud's unified AI-ready data platform to help service providers evolve with cost effective, scalable, and impactful business insights JERSEY CITY, NJ / ACCESSWIRE / June 18, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a collaboration with Google Cloud to accelerate successful data transformations for communications service providers (CSPs) and better provide impactful real-time business insights. Amdocs' AI and Data Platform (previously DataOne) now leverages Google Cloud's unified AI-ready data platform to help CSPs better leverage data to make business decisions.
Amdocs Collaborates with Google Cloud for Real-Time Data Insights
Amdocs now leverages Google Cloud's unified AI-ready data platform to help service providers evolve with cost effective, scalable, and impactful business insights JERSEY CITY, NJ / ACCESSWIRE / June 18, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a collaboration with Google Cloud to accelerate successful data transformations for communications service providers (CSPs) and better provide impactful real-time business insights. Amdocs' AI and Data Platform (previously DataOne) now leverages Google Cloud's unified AI-ready data platform to help CSPs better leverage data to make business decisions.
06/13 10:33 EST - zacks.com
Amdocs (DOX) & Oracle's Partnership Secure Major Deal From AT&T
Amdocs' (DOX) biggest client, AT&T, completes the migration of its Amdocs Customer Experience Suite data to Oracle Cloud Infrastructure.
Amdocs (DOX) & Oracle's Partnership Secure Major Deal From AT&T
Amdocs' (DOX) biggest client, AT&T, completes the migration of its Amdocs Customer Experience Suite data to Oracle Cloud Infrastructure.
06/12 10:20 EST - zacks.com
Amdocs (DOX), Google Cloud Partner to Enhance eSIM Capabilities
Amdocs (DOX) has recently joined forces with Google Cloud to provide an end-to-end eSIM onboarding solution, which is expected to significantly enhance the adoption and usability of eSIMs for CSPs globally.
Amdocs (DOX), Google Cloud Partner to Enhance eSIM Capabilities
Amdocs (DOX) has recently joined forces with Google Cloud to provide an end-to-end eSIM onboarding solution, which is expected to significantly enhance the adoption and usability of eSIMs for CSPs globally.
06/11 08:00 EST - accesswire.com
Amdocs to Simplify eSIM Activation with Google Cloud
Consumers can now activate their eSIM-based devices more easily, offering a superior customer experience to the fast-growing eSIM technology JERSEY CITY, NJ / ACCESSWIRE / June 11, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a collaboration with Google Cloud to integrate their technologies and offer an end-to-end eSIM onboarding solution to communications service providers (CSPs), representing a significant step forward in the evolution of eSIM adoption. Amdocs' eSIM Cloud platform, rated the #1 vendor in eSIM orchestration platforms by Counterpoint Research, is now integrated with Google Cloud's Telecom Subscriber Insights to provide a seamless and simplified experience for end customers.
Amdocs to Simplify eSIM Activation with Google Cloud
Consumers can now activate their eSIM-based devices more easily, offering a superior customer experience to the fast-growing eSIM technology JERSEY CITY, NJ / ACCESSWIRE / June 11, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced a collaboration with Google Cloud to integrate their technologies and offer an end-to-end eSIM onboarding solution to communications service providers (CSPs), representing a significant step forward in the evolution of eSIM adoption. Amdocs' eSIM Cloud platform, rated the #1 vendor in eSIM orchestration platforms by Counterpoint Research, is now integrated with Google Cloud's Telecom Subscriber Insights to provide a seamless and simplified experience for end customers.
06/07 17:28 EST - seekingalpha.com
Amdocs: An Undervalued Dividend Growth Stock With 28% Margin Of Safety
Amdocs Limited is an undervalued dividend-growth company with a low debt-to-capital ratio and expected high single-digit earnings growth. The company is a leading provider of software and services for communications and media industry providers. Amdocs has a strong balance sheet and predictable revenue, and analysts are bullish on its future prospects.
Amdocs: An Undervalued Dividend Growth Stock With 28% Margin Of Safety
Amdocs Limited is an undervalued dividend-growth company with a low debt-to-capital ratio and expected high single-digit earnings growth. The company is a leading provider of software and services for communications and media industry providers. Amdocs has a strong balance sheet and predictable revenue, and analysts are bullish on its future prospects.
06/07 16:01 EST - accesswire.com
Amdocs CFO & COO Tamar Rapaport-Dagim to Speak at the Nasdaq Investor Conference in Partnership with Jefferies
JERSEY CITY, NJ / ACCESSWIRE / June 7, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that CFO & COO Tamar Rapaport-Dagim will speak at the Nasdaq Investor Conference in Partnership with Jefferies on June 11 at 8:00 am ET. The live webcast will be available at https://investors.amdocs.com/ and a replay will be available at the same address.
Amdocs CFO & COO Tamar Rapaport-Dagim to Speak at the Nasdaq Investor Conference in Partnership with Jefferies
JERSEY CITY, NJ / ACCESSWIRE / June 7, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that CFO & COO Tamar Rapaport-Dagim will speak at the Nasdaq Investor Conference in Partnership with Jefferies on June 11 at 8:00 am ET. The live webcast will be available at https://investors.amdocs.com/ and a replay will be available at the same address.
06/06 08:00 EST - accesswire.com
Amdocs Named Snowflake Telecom AI Data Cloud Services Partner of the Year 2024
The award recognizes Amdocs' innovative accomplishments and track record in driving AI Data Cloud adoption in the telecom industry JERSEY CITY, NJ / ACCESSWIRE / June 6, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced at Snowflake's annual user conference, Snowflake Data Cloud Summit 2024, that it has been named the 2024 Telecom AI Data Cloud Services Partner of the Year award winner by Snowflake, the AI Data Cloud company. Amdocs was recognized for its achievements as part of the Snowflake AI Data Cloud, demonstrating a strong track record in driving telecom data cloud adoption through its industry expertise, services and solutions delivered alongside Snowflake.
Amdocs Named Snowflake Telecom AI Data Cloud Services Partner of the Year 2024
The award recognizes Amdocs' innovative accomplishments and track record in driving AI Data Cloud adoption in the telecom industry JERSEY CITY, NJ / ACCESSWIRE / June 6, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced at Snowflake's annual user conference, Snowflake Data Cloud Summit 2024, that it has been named the 2024 Telecom AI Data Cloud Services Partner of the Year award winner by Snowflake, the AI Data Cloud company. Amdocs was recognized for its achievements as part of the Snowflake AI Data Cloud, demonstrating a strong track record in driving telecom data cloud adoption through its industry expertise, services and solutions delivered alongside Snowflake.
06/05 08:00 EST - accesswire.com
Amdocs Announces Availability of Amazon Bedrock Services on its amAIz Generative AI Platform to Accelerate Cloud Migration, Simplify Network Operations, and Improve Customer and Billing Experiences
Customers can use Amazon Bedrock within Amdocs amAIz to enhance network efficiency, improve insights, proactively address potential problems and provide an improved billing experience JERSEY CITY, NJ / ACCESSWIRE / June 5, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the availability of Amazon Web Services (AWS) Generative AI services in Amdocs' TelcoGPT platform, amAIz. The integration bolsters the ability for Amdocs customers to leverage generative AI to improve network operations, billing communications and customer experience taking advantage of the Foundation Model selection flexibility AWS generative AI services offers.
Amdocs Announces Availability of Amazon Bedrock Services on its amAIz Generative AI Platform to Accelerate Cloud Migration, Simplify Network Operations, and Improve Customer and Billing Experiences
Customers can use Amazon Bedrock within Amdocs amAIz to enhance network efficiency, improve insights, proactively address potential problems and provide an improved billing experience JERSEY CITY, NJ / ACCESSWIRE / June 5, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the availability of Amazon Web Services (AWS) Generative AI services in Amdocs' TelcoGPT platform, amAIz. The integration bolsters the ability for Amdocs customers to leverage generative AI to improve network operations, billing communications and customer experience taking advantage of the Foundation Model selection flexibility AWS generative AI services offers.
06/04 08:00 EST - accesswire.com
CellC Modernizes its Service Assurance with Cloud-Native Amdocs Helix Service Assurance Suite
Streamlined assurance processes, utilizing artificial intelligence and machine learning, will enhance South African service provider's fault and performance management, elevating its customer experience JERSEY CITY, NJ / ACCESSWIRE / June 4, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that CellC, a South African communications service provider, has deployed the Amdocs cloud-native Helix Service Assurance Suite to modernize its service assurance. This collaboration marks a significant step in transforming CellC's fault and performance management, driving streamlined assurance processes with the power of machine learning (AI/ML).
CellC Modernizes its Service Assurance with Cloud-Native Amdocs Helix Service Assurance Suite
Streamlined assurance processes, utilizing artificial intelligence and machine learning, will enhance South African service provider's fault and performance management, elevating its customer experience JERSEY CITY, NJ / ACCESSWIRE / June 4, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that CellC, a South African communications service provider, has deployed the Amdocs cloud-native Helix Service Assurance Suite to modernize its service assurance. This collaboration marks a significant step in transforming CellC's fault and performance management, driving streamlined assurance processes with the power of machine learning (AI/ML).
05/09 12:50 EST - zacks.com
Amdocs (DOX) Q2 Earnings Miss Estimates, Revenues Match
Amdocs' (DOX) second-quarter fiscal 2024 results reflect benefits from strength in Europe and Rest of the World, offset by a decline in North America.
Amdocs (DOX) Q2 Earnings Miss Estimates, Revenues Match
Amdocs' (DOX) second-quarter fiscal 2024 results reflect benefits from strength in Europe and Rest of the World, offset by a decline in North America.
05/08 21:45 EST - seekingalpha.com
Amdocs Limited (DOX) Q2 2024 Earnings Call Transcript
Amdocs Limited (NASDAQ:DOX ) Q2 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Matt Smith - Head of Invest Relations Shuky Sheffer - President and Chief Executive Officer Tamar Dagim - Chief Financial Officer and Chief Operating Officer Conference Call Participants George Notter - Jefferies William Power - Baird Operator Good day. And thank you for standing by.
Amdocs Limited (DOX) Q2 2024 Earnings Call Transcript
Amdocs Limited (NASDAQ:DOX ) Q2 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Matt Smith - Head of Invest Relations Shuky Sheffer - President and Chief Executive Officer Tamar Dagim - Chief Financial Officer and Chief Operating Officer Conference Call Participants George Notter - Jefferies William Power - Baird Operator Good day. And thank you for standing by.
05/08 21:01 EST - zacks.com
Here's What Key Metrics Tell Us About Amdocs (DOX) Q2 Earnings
Although the revenue and EPS for Amdocs (DOX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Here's What Key Metrics Tell Us About Amdocs (DOX) Q2 Earnings
Although the revenue and EPS for Amdocs (DOX) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
05/08 18:31 EST - zacks.com
Amdocs (DOX) Lags Q2 Earnings and Revenue Estimates
Amdocs (DOX) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.47 per share a year ago.
Amdocs (DOX) Lags Q2 Earnings and Revenue Estimates
Amdocs (DOX) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.47 per share a year ago.
05/08 16:30 EST - accesswire.com
Japan's JCOM Selects Amdocs and its Service Integration Partner SCSK to Modernize and Accelerate Business Transformation
Multi-year project will improve JCOM's operational efficiencies, provide improved customer experiences, and unlock new revenue opportunities JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Japanese cable TV, communications and media entertainment companies, JCOM, has chosen Amdocs as their strategic collaborator for a multi-year initiative aimed at transforming their business and operations ecosystem. For this multi-year program, Amdocs will continue to successfully partner with information technology leader, SCSK, bringing together system integration expertise and innovative digital solutions.
Japan's JCOM Selects Amdocs and its Service Integration Partner SCSK to Modernize and Accelerate Business Transformation
Multi-year project will improve JCOM's operational efficiencies, provide improved customer experiences, and unlock new revenue opportunities JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Japanese cable TV, communications and media entertainment companies, JCOM, has chosen Amdocs as their strategic collaborator for a multi-year initiative aimed at transforming their business and operations ecosystem. For this multi-year program, Amdocs will continue to successfully partner with information technology leader, SCSK, bringing together system integration expertise and innovative digital solutions.
05/08 16:30 EST - accesswire.com
Paramount Global Selects Amdocs' Vubiquity to Provide Managed Services for MTV Japan
Vubiquity will oversee licensing, programming, localization and broadcast operations for MTV Japan, as well as manage affiliate relationships JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Vubiquity, an Amdocs company, has been selected by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) to assume all operational activities and management of affiliates for MTV in Japan under a new licensing agreement. Vubiquity will be responsible for all aspects of operations for the MTV Japan linear channel, with plans to conclude the transition by the end of June 2024.
Paramount Global Selects Amdocs' Vubiquity to Provide Managed Services for MTV Japan
Vubiquity will oversee licensing, programming, localization and broadcast operations for MTV Japan, as well as manage affiliate relationships JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Vubiquity, an Amdocs company, has been selected by Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) to assume all operational activities and management of affiliates for MTV in Japan under a new licensing agreement. Vubiquity will be responsible for all aspects of operations for the MTV Japan linear channel, with plans to conclude the transition by the end of June 2024.
05/08 16:30 EST - accesswire.com
Colt Technology Services Selects Amdocs to Consolidate and Evolve Its Inventory Systems
Multi-year agreement expands on existing collaboration to streamline Colt's inventory processes, enhance agility, and accelerate time-to-market for new services and offerings JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the signing of a multi-year contract with Colt Technology Services, the digital infrastructure company, to migrate and transform its network inventory ecosystem. Under this agreement, Amdocs will provide migration services aligned with Colt's timelines, consolidate inventory systems following Colt's acquisition of Lumen's EMEA business, and jointly develop and evolve the consolidated Amdocs Inventory platform.
Colt Technology Services Selects Amdocs to Consolidate and Evolve Its Inventory Systems
Multi-year agreement expands on existing collaboration to streamline Colt's inventory processes, enhance agility, and accelerate time-to-market for new services and offerings JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the signing of a multi-year contract with Colt Technology Services, the digital infrastructure company, to migrate and transform its network inventory ecosystem. Under this agreement, Amdocs will provide migration services aligned with Colt's timelines, consolidate inventory systems following Colt's acquisition of Lumen's EMEA business, and jointly develop and evolve the consolidated Amdocs Inventory platform.
05/08 16:25 EST - accesswire.com
Amdocs Collaborates with Virgin Media O2 to Enhance Access to Streaming Services
JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Virgin Media O2, one of the United Kingdom's leading communications service providers, is collaborating with Amdocs to broaden the range of streaming services available to Virgin Media O2 customers. Through the collaboration, Virgin Media O2 will expand its offering to include new streaming, gaming, health, lifestyle and security services following a rapid, standardized approach.
Amdocs Collaborates with Virgin Media O2 to Enhance Access to Streaming Services
JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Virgin Media O2, one of the United Kingdom's leading communications service providers, is collaborating with Amdocs to broaden the range of streaming services available to Virgin Media O2 customers. Through the collaboration, Virgin Media O2 will expand its offering to include new streaming, gaming, health, lifestyle and security services following a rapid, standardized approach.
05/08 16:25 EST - accesswire.com
Amdocs Solution Deployed to Deliver Seamless User Experience on Hubbl, Australia's Newest Streaming Aggregation Product
Amdocs Subscription Marketplace simplifies the subscription experience for customers and enables easy onboarding and integration of partner services on Hubbl JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, announced today that Foxtel Group, a leading Australian subscription TV and streaming provider, has successfully deployed Amdocs Subscription Marketplace onto Australia's newest streaming aggregation product, Hubbl, that fuses live TV and streaming into one simple viewing experience. Through Amdocs Subscription Marketplace, global streaming content apps are integrated on the Hubbl platform, alongside local broadcast video on-demand apps, driving a seamless user experience as well as operational efficiencies through simplified and accelerated partner onboarding.
Amdocs Solution Deployed to Deliver Seamless User Experience on Hubbl, Australia's Newest Streaming Aggregation Product
Amdocs Subscription Marketplace simplifies the subscription experience for customers and enables easy onboarding and integration of partner services on Hubbl JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, announced today that Foxtel Group, a leading Australian subscription TV and streaming provider, has successfully deployed Amdocs Subscription Marketplace onto Australia's newest streaming aggregation product, Hubbl, that fuses live TV and streaming into one simple viewing experience. Through Amdocs Subscription Marketplace, global streaming content apps are integrated on the Hubbl platform, alongside local broadcast video on-demand apps, driving a seamless user experience as well as operational efficiencies through simplified and accelerated partner onboarding.
05/08 16:10 EST - accesswire.com
Amdocs Limited Reports Second Quarter 2024 Results
Record Quarterly Revenue of $1.25 Billion, up 1.8% YoY as Reported and 2% YoY in Constant Currency(1) Record 12-Month Backlog of $4.23 Billion, up ~3% YoY Updates Fiscal 2024 Outlook: Expects Revenue Growth of 1.6%-3.6% YoY as Reported and 1.7%-3.7% YoY in Constant Currency(1) On-track to Deliver Accelerated Profitability in Fiscal 2024 Expects GAAP Diluted EPS Growth of 7.0%-13.0% and Non-GAAP Diluted EPS Growth of 7.0%-11.0% Second Quarter Fiscal 2024 Highlights (All comparisons are against the prior year) Record revenue of $1,246 million, up 1.8% as reported and up 2.0% in constant currency(1); revenue was slightly above the midpoint of $1,225-$1,265 million guidance range and includes an unfavorable impact from foreign currency movements of approximately $2 million relative to the second quarter of fiscal 2023 GAAP diluted EPS of $1.01, including a restructuring charge of 24 cents per share, without which GAAP diluted EPS would have been at the midpoint of the guidance range of $1.21-$1.29 Non-GAAP diluted EPS of $1.56, at the midpoint of the guidance range of $1.53-$1.59 GAAP operating income of $156 million; GAAP operating margin of 12.5%, down 240 basis points as compared to last year's second fiscal quarter and down 230 basis points sequentially, primarily reflecting restructuring charges of $33 million recorded in the second fiscal quarter Non-GAAP operating income of $229 million; non-GAAP operating margin of 18.4%, up 60 basis points as compared to last year's second fiscal quarter and up 30 basis points sequentially, reflecting a continued focus on operational excellence Managed services revenue of $720 million, equivalent to approximately 58% of total revenue Free cash flow of $113 million, comprised of cash flow from operations of $133 million, less $20 million in net capital expenditures and other(2), including $7 million of restructuring payments Repurchased $115 million of ordinary shares during the second fiscal quarter Record twelve-month backlog of $4.23 billion, up approximately 3% as compared to last year's second fiscal quarter and up approximately $20 million sequentially JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs Limited (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today reported operating results for the three months ended March 31, 2024. "I am pleased to report solid results for the second fiscal quarter, including record revenue, improved profitability, and healthy sales momentum as we delivered the market-leading innovation our customers need to support cloud migration, 5G monetization, digital modernization, and network automation.
Amdocs Limited Reports Second Quarter 2024 Results
Record Quarterly Revenue of $1.25 Billion, up 1.8% YoY as Reported and 2% YoY in Constant Currency(1) Record 12-Month Backlog of $4.23 Billion, up ~3% YoY Updates Fiscal 2024 Outlook: Expects Revenue Growth of 1.6%-3.6% YoY as Reported and 1.7%-3.7% YoY in Constant Currency(1) On-track to Deliver Accelerated Profitability in Fiscal 2024 Expects GAAP Diluted EPS Growth of 7.0%-13.0% and Non-GAAP Diluted EPS Growth of 7.0%-11.0% Second Quarter Fiscal 2024 Highlights (All comparisons are against the prior year) Record revenue of $1,246 million, up 1.8% as reported and up 2.0% in constant currency(1); revenue was slightly above the midpoint of $1,225-$1,265 million guidance range and includes an unfavorable impact from foreign currency movements of approximately $2 million relative to the second quarter of fiscal 2023 GAAP diluted EPS of $1.01, including a restructuring charge of 24 cents per share, without which GAAP diluted EPS would have been at the midpoint of the guidance range of $1.21-$1.29 Non-GAAP diluted EPS of $1.56, at the midpoint of the guidance range of $1.53-$1.59 GAAP operating income of $156 million; GAAP operating margin of 12.5%, down 240 basis points as compared to last year's second fiscal quarter and down 230 basis points sequentially, primarily reflecting restructuring charges of $33 million recorded in the second fiscal quarter Non-GAAP operating income of $229 million; non-GAAP operating margin of 18.4%, up 60 basis points as compared to last year's second fiscal quarter and up 30 basis points sequentially, reflecting a continued focus on operational excellence Managed services revenue of $720 million, equivalent to approximately 58% of total revenue Free cash flow of $113 million, comprised of cash flow from operations of $133 million, less $20 million in net capital expenditures and other(2), including $7 million of restructuring payments Repurchased $115 million of ordinary shares during the second fiscal quarter Record twelve-month backlog of $4.23 billion, up approximately 3% as compared to last year's second fiscal quarter and up approximately $20 million sequentially JERSEY CITY, NJ / ACCESSWIRE / May 8, 2024 / Amdocs Limited (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today reported operating results for the three months ended March 31, 2024. "I am pleased to report solid results for the second fiscal quarter, including record revenue, improved profitability, and healthy sales momentum as we delivered the market-leading innovation our customers need to support cloud migration, 5G monetization, digital modernization, and network automation.