0
General

Amdocs sales up slightly in Q2, in line with outlook

Wednesday 27 July 2016 | 09:42 CET | News
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 with its outlook. Net profit fell slightly to USD 105 million from USD 108 million, while diluted EPS was up to USD 0.70 from USD 0.69, at the high end of the company's guidance range. Amdocs said it was pleased with the Q3 performance, which also showed signs of stabilisation in the North America market. While the economic and industry outlook remain difficult, Amdocs' backglog continues to grow, reaching USD 3.11 billion at the end of June, up by USD 10 million

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 lifts FY forecast as Q1 sales rise 3.6%

Published 02 Feb 2017 11:09 CET | World
Amdocs reported revenues for its fiscal first quarter to December up 3.6 percent year-on-year to USD 955 million, in line with ...

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 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 launches Core Network Testing Service 

Published 02 Jun 2016 09:17 CET | World
Amdocs launched the Amdocs Core Network Testing Service, a platform that provides test scoping and planning, network equipment ...

Amdocs opens Innovation Service Center in Mexico

Published 26 May 2016 16:02 CET | Mexico
Amdocs has opened an Innovation Service Center for the Americas in Zapopan, Mexico, reports Informador. The new centre will ...

Amdocs launches Amdocs Cloud-Fusion

Published 11 May 2016 16:04 CET | World
Amdocs launched a new platform called Amdocs Cloud-Fusion in collaboration with Microsoft. Combining Microsoft Azure's cloud ...

Amdocs revenues lift 2.6% to USD 925.9 mln in Q2

Published 05 May 2016 14:05 CET | World
Amdocs said revenues for its fiscal second quarter to end March amounted to USD 925.9 million, up 0.5 percent sequentially and ...