Amdocs Ltd Stock Price, News & Analysis

Amdocs (NASDAQ: DOX) announced its participation in several investor conferences in Q1 fiscal 2022. Key events include the Exane Virtual Silicon Valley Innovation Tour on November 11, Needham Networking Conference on November 16, and Credit Suisse Technology Conference on December 1. Other notable appearances include the Nasdaq Investor Conference on December 2 and Barclays TMT Conference on December 7. A webcast with more details will be available on Amdocs' investor relations site, emphasizing the company's focus on connecting with investors and enhancing transparency.

Amdocs (NASDAQ: DOX) recently hosted a virtual analyst and investor update, showcasing its robust foundation built for success in a digital landscape. Key executives, including CEO Shuky Sheffer and CFO Tamar Rapaport-Dagim, outlined the company’s strategic direction aimed at accelerating growth and capitalizing on market opportunities. A replay of the session is available online, highlighting Amdocs’ commitment to empowering communication and media experiences. For fiscal 2021, Amdocs reported revenue of $4.3 billion, emphasizing its position in the industry.

Amdocs (NASDAQ: DOX) has announced a multi-year modernization agreement with True Corporation, enabling the upgrade of True's billing and charging platform to the cloud-native Amdocs CES21 suite. This partnership will facilitate the launch of new 5G services, providing features like real-time billing and convergent policy control. True aims to enhance customer experience and efficiency while supporting the growth of 5G services in Thailand. The agreement enhances Amdocs' strategic position in the telecommunications market and supports True's digital transformation efforts.

Amdocs (NASDAQ: DOX) has extended its strategic partnership with Globe Telecom, enhancing cloud and digital orchestration capabilities. The Amdocs Service and Network Automation Suite will facilitate scalable service automation for Globe, improving operational efficiency and accelerating time to market. Globe Telecom's Infrastructure Head emphasized the partnership's role in delivering reliable services. Amdocs aims to support Globe in managing hybrid cloud services and offer next-generation customer experiences amid the rapidly evolving communications landscape.

Amdocs (NASDAQ: DOX) announced a long-term agreement with AT&T (NYSE: T) to provide support for its business support systems evolution (BSSe) program, aimed at modernizing technology and streamlining operations. This initiative focuses on enhancing speed-to-market and customer experience, while ensuring cost-effectiveness in the implementation of 5G. The project will utilize Microsoft Azure and begin with AT&T's consumer business units, including mobility and broadband.

Amdocs (NASDAQ: DOX) announced a partnership with Globe Telecom, enhancing digital experiences for mobile and fixed-line customers in the Philippines. The implementation of Amdocs' cloud-native Catalog and Commerce Suite aims to automate operations, accelerate service delivery, and improve customer engagement. This comes after successful deployment for Globe's enterprise solutions, with Amdocs empowering Globe to offer new services more rapidly. Amdocs reported revenue of $4.3 billion in fiscal 2021, underscoring its leading position in providing software solutions for communication and media companies.

Amdocs Limited (NASDAQ: DOX) reported record fiscal 2021 revenue of $4.3 billion, up 7.0% YoY, with a net income of $688 million, yielding a GAAP diluted EPS of $5.32, up 43.4%. The company achieved a normalized free cash flow of $869 million, reflecting robust cash collections. A record backlog of $3.7 billion signals strong future revenue potential. Guidance for fiscal 2022 anticipates revenue growth between 3.7% and 7.7%, with challenges from foreign currency impacts. A quarterly dividend payment increase of 10% is also proposed.

Amdocs (NASDAQ: DOX) announced a virtual analyst and investor update event scheduled for November 5, 2021. The event aims to highlight the company’s strategic foundation for growth in a digital world. Key executives, including President & CEO Shuky Sheffer, CFO Tamar Rapaport-Dagim, and Group President of Technology Anthony Goonetilleke, will discuss Amdocs’ competitive advantages and growth opportunities. Interested parties can access the event live and find supporting materials through Amdocs’ investor relations website.

Amdocs (NASDAQ: DOX) has entered a seven-year agreement with VEON Ltd to enhance digital services for VEON's Beeline mobile operators in Uzbekistan and Kazakhstan. The partnership focuses on deploying Amdocs's microservices-based monetisation and commerce suites to deliver innovative and personalized customer experiences. As of June 30, 2021, VEON serves 6.7 million customers in Uzbekistan, with over 56% using 4G, and 10 million in Kazakhstan, with 58% on 4G. This collaboration aims to drive digital transformation and growth in these emerging markets.