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General

Amdocs ups FY guidance after higher revenues in Q2, buys UXP Systems for USD 80 mln

Friday 11 May 2018 | 18:40 CET | News
Amdocs reported revenue for its fiscal second quarter to end March up 2.7 percent year-on-year to USD 992.3 million. Revenue included a positive impact from foreign currency movements of USD 5 million. The net profit meanwhile fell to USD 101.7 million or USD 0.70 per diluted share, against 112.6 million or USD 0.76 per diluted share the year before. The company said it was pleased with the solid results and raised its full year guidance. Amdocs added that it closed its acquisition of Vubiquity and acquired UXP Systems, a spcialist in user lifecycle management services, for USD 80 million in

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Categories: General
Companies: Amdocs / Vubiquity
Countries: World
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