0
General

Amdocs lifts FY forecast as Q1 sales rise 3.6%

Thursday 2 February 2017 | 11:09 CET | News
Amdocs reported revenues for its fiscal first quarter to December up 3.6 percent year-on-year to USD 955 million, in line with its guidance. Net earnings were stable at USD 0.66 per share, at the high end of its forecast. The company ended the quarter with a 12-month backlog worth USD 3.18 billion, an increase of USD 10 million from three months earlier. For the second quarter, Amdocs forecast revenue of USD 940-980 million and EPS of USD 0.66-0.74. The company slightly increased its full-year sales forecast to growth of 2.5-6.5 percent, from a previous expectation of 2.0-6.0 percent growth,

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Amdocs
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Amdocs sales up 2.4% in Q1, to acquire Vubiquity for USD 224 mln

Published 31 Jan 2018 15:25 CET | World
Amdocs reported revenues for its fiscal first quarter to December up 2.4 percent year-on-year to USD 978 million, at the midpoint ...

Amdocs profits up strongly in Q3, revenues grow 3.5%

Published 03 Aug 2017 09:23 CET | World
Amdocs reported strong improvement in profits in its fiscal third quarter to June, helped by a lower tax rate. Net earnings rose ...

Licht meer omzet voor Amdocs, winst stabiel

Published 02 Feb 2017 11:44 CET | World
Amdocs heeft over zijn eerste fiscale kwartaal van zijn gebroken boekjaar 2017 een omzet gerealiseerd van 955 miljoen dollar, een ...

Amdocs revenue up 1% in fiscal Q4 to USD 941 mln

Published 09 Nov 2016 12:17 CET | World
Amdocs saw its revenue for the fourth fiscal quarter to 30 September increase 1.1 percent to USD 940.7 million. Revenue for the ...

Amdocs boosts digital strategy with three acquisitions

Published 14 Sep 2016 15:50 CET | World
Customer experience systems provider Amdocs has closed the acquisition of three privately owned companies – Vindicia, Brite:Bill ...

Amdocs unveils Optima platform, announces Seaborn contract

Published 08 Sep 2016 08:45 CET | World
Amdocs has announced the launch of a new cloud-based digital customer management and commerce platform called Amdocs Optima at ...

Amdocs sales up slightly in Q2, in line with outlook

Published 27 Jul 2016 09:42 CET | World
Amdocs reported revenue of USD 930 million for its fiscal third quarter to June, up from USD 908 million a year ago and in line ...





Calendar   /   Industry Events

04 Aug Twilio Q2 2020
04 Aug Boingo Wireless Q2 2020
04 Aug Allot Q2 2020
04 Aug NeoPhotonics Q2 2020
04 Aug Inphi Q2 2020
04 Aug Otelco Q2 2020
04 Aug Softbank fiscal Q1
04 Aug TIM Q2 2020
04 Aug Arista Networks Q2 2020
05 Aug NetLink NBN Trust fiscal Q1
05 Aug Maxar Q2 2020
05 Aug TeraGo Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug Synaptics fiscal Q4
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug Roku Q2 2020
05 Aug CenturyLink Q2
05 Aug Magyar Telekom Q2 2020
05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Samsung Galaxy Unpacked event
06 Aug Cincinnati Bell Q2 2020
06 Aug OTE Q2 2020
06 Aug Deutsche Telekom Q2 2020
06 Aug NortonLifeLock fiscal Q1
::: More Calendar Items