Amdocs Ltd Stock Price, News & Analysis

Amdocs has announced a strategic partnership with Azercell, Azerbaijan's largest mobile network operator, to modernize its customer care, commerce, and network systems. This multi-year agreement will enhance the experience for Azercell's five million subscribers through a cloud-native, microservices-based platform. Amdocs aims to improve Azercell's time-to-market for new products and streamline operations, aiding in their digital transformation journey. The deal signifies Amdocs' commitment to helping operators thrive in the evolving telecommunications landscape.

Amdocs has announced a multi-year agreement with Telefonica to modernize its business and operational support systems in Argentina, Chile, and Peru. By deploying cloud-native modules, the partnership aims to reduce costs and enhance service delivery for Telefonica's subscribers. The initiative will introduce operational efficiencies, drive business growth, and improve customer experiences. Amdocs anticipates that these advancements will enable Telefonica to lead in the digital transformation within the Latin American market.

Amdocs (NASDAQ: DOX) has renewed its agreement with Cellcom to enhance content offerings on Cellcom TV in Israel through its Vubiquity platform. This collaboration will provide viewers access to a comprehensive range of linear and video-on-demand content, including recent releases from major studios and independent creators. Amdocs aims to enable Cellcom to deliver a personalized content experience amidst growing competition in the streaming sector, reinforcing its commitment to digital transformation and market differentiation.

Amdocs has entered a multi-year managed services agreement with SES to enhance customer experiences using the O3b mPOWER satellite system. This collaboration focuses on providing anomaly detection and diagnostics, strengthening their ongoing partnership. Amdocs aims to leverage latest technologies to deliver improved customer outcomes. In fiscal 2022, Amdocs reported revenues of $4.58 billion, emphasizing its role in advancing telecom and media experiences.

Amdocs has successfully implemented a multi-year digital transformation project for XL Axiata, a leading communications provider in Indonesia. The project, which involved migrating over 25 million subscribers, aims to enhance service delivery and customer experience with cloud-native solutions from Amdocs' Commerce and Care suite. The modernization of XL's operations will allow for faster service launches and improved IT efficiency, aligning with the growing demand for innovative digital services.

Amdocs (NASDAQ: DOX) announced a five-year agreement with AT&T Mexico to migrate its applications and databases to the public cloud. This initiative is aimed at enhancing customer experience and supporting new business models as 5G technologies evolve. The migration of the Customer Experience Suite will facilitate flexibility and capacity growth, preparing AT&T Mexico for peak retail seasons and future initiatives. Amdocs, with a revenue of $4.58 billion in fiscal 2022, aims to leverage this partnership for growth in cloud services.

Amdocs (DOX) reported record fiscal 2022 revenue of $4.58 billion, marking a 6.7% year-over-year increase. The company projects fiscal 2023 revenue growth between 4.0%-8.0% as reported and 6.0%-10.0% in constant currency. The 12-month backlog reached a record $3.97 billion, up 7.6% YoY. GAAP diluted EPS decreased 16.5% to $4.44, while non-GAAP EPS rose 12.1% to $5.30. Amdocs will increase its quarterly cash dividend by 10%, proposing a new dividend of $0.435 per share.

Amdocs (NASDAQ: DOX) announces participation in several investor conferences during Q1 of fiscal 2023, including the Needham Networking Conference on November 15 and the Credit Suisse Technology Conference on November 29. The company will also attend the Nasdaq Investor Conference on December 6 and the Barclays Global TMT Conference on December 8, followed by the Oppenheimer 5G Summit on December 13. Notable attendees include Amdocs CEO Shuky Sheffer and CFO Tamar Rapaport-Dagim. Webcast details will be provided closer to the event dates.

Amdocs (NASDAQ: DOX), recognized as a global leader by industry analysts, has achieved significant milestones in monetization, revenue management, and AI-driven customer experience. For the 15th consecutive year, Analysys Mason identified Amdocs as the top provider in monetization platforms. GlobalData also ranked Amdocs as a leader in revenue management. Omdia acknowledged Amdocs’ market leadership in telco IT software with a 13% share. Amdocs aims to maintain its innovation trajectory as it prepares for upcoming industry events in 2022.