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General

Amdocs Q3 sales rise 2.2%; T-Mobile/Sprint uncertainty clouds FY outlook

Thursday 8 August 2019 | 12:44 CET | News
Amdocs reported record fiscal third-quarter revenues of USD 1.025 billion, up 2.2 percent from the same period a year earlier and slightly above previous guidance. The company raised the low point for its full-year revenue growth outlook to 2.4 percent from 1.8 percent previously but cut the high point to 3.4 percent from 3.8 percent, citing unstable market dynamics, notably regarding uncertainty over T-Mobile's proposed merger with Sprint.

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Categories: General
Companies: Amdocs
Countries: World
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