Amdocs Ltd Stock Price, News & Analysis

Amdocs (NASDAQ: DOX) announces participation in several investor conferences during Q4 of fiscal 2021. Key events include the Oppenheimer 24th Annual Tech Conference on August 10, the Jefferies Summit on September 1, and the Citi Global Tech Conference on September 13, featuring discussions from Amdocs' leadership team. The company aims to engage with investors and provide insights into its strategic direction.

Vubiquity, part of Amdocs (NASDAQ: DOX), has been selected by Gravitas Ventures as their new media supply chain vendor. This partnership will enable Vubiquity and its subsidiary Juice Worldwide to provide comprehensive distribution services for Gravitas' extensive library of over 2,500 independent films. The collaboration aims to enhance the distribution of new and existing titles across various platforms, including subscription and ad-supported models. Amdocs' commitment to supporting content owners is reinforced as the industry continues to invest in production.

Vubiquity, part of Amdocs (DOX), has been selected by ocilion to provide premium content services via its Content Cloud platform. The five-year agreement aims to enhance ocilion's offerings for over 50 telecom operators in Germany, Austria, Switzerland, Liechtenstein, and Luxembourg. With a focus on providing high-quality Ultra HD (4K) content, Vubiquity will manage licensing, processing, and delivery. This partnership supports ocilion's goal to expand their video-on-demand and electronic sell-through services, catering to a competitive market.

Amdocs (NASDAQ: DOX) has expanded its agreement with Vodafone Spain to modernize its Customer Relationship Management (CRM) system. This initiative aims to enhance the system's efficiency, reduce total cost of ownership, and improve operational performance. The collaboration is part of Vodafone's Tech 2025 strategy, ensuring that its infrastructure supports innovative services in the 5G era. Amdocs will leverage its dynamic portfolio to facilitate this modernization, which follows a successful partnership on a previous digital engagement project.

Amdocs (NASDAQ: DOX) has been selected by Strex, a consortium of Norwegian mobile operators including Telenor, Telia, and Ice, to upgrade its mobile payments platform. The implementation will utilize Amdocs’ cloud-native, microservices-based platform in a SaaS model, powered by AWS, to enhance digital payment capabilities and support advanced 5G use cases. The new system aims to meet increasing consumer demand for seamless payment experiences while fostering growth opportunities for e-commerce.

Amdocs reported third-quarter revenue of $1.066 billion, exceeding guidance, driven by a 9.4% year-over-year increase on a pro forma basis. Managed services revenue reached a record $651 million, contributing 61% of total revenue. GAAP diluted EPS was $1.14, surpassing guidance due to lower tax rates. The company has a backlog of $3.59 billion, up 10.8% year-over-year. A cash dividend of $0.36 per share was approved for distribution on October 29, 2021. Amdocs raised its outlook for earnings growth in fiscal 2021, expecting 42%-44% year-over-year GAAP EPS growth.

Amdocs (NASDAQ: DOX) has been selected by Magyar Telekom to support its Future of Billing initiative, streamlining and digitizing its IT infrastructure for a fully converged mobile postpaid service. This strategic partnership aims to enhance customer experience through improved billing processes and increased operational agility in the Hungarian telecommunications market. Amdocs will leverage its expertise in delivering transformational IT projects to support Magyar Telekom's digitalization efforts.

Amdocs has been recognized as the 2021 Best Telco Solution winner for its cloud-native CES suite by the AWS Partner Network. This award highlights Amdocs' innovative contributions to the telecommunications sector using AWS Cloud technology. The CES suite enables communications service providers to transition from legacy systems to a microservices-based architecture, enhancing customer experience and optimizing total cost of ownership. Amdocs recently strengthened its cloud capabilities by acquiring Sourced Group, a tech consultancy specializing in large-scale cloud transformations.

Amdocs (NASDAQ: DOX) has announced enhancements to its cloud-native Policy and Charging Control (PCC) offering, now available as a managed service, in addition to on-premise deployment. This evolution supports service providers in monetizing new 5G and edge assets, enabling a transition beyond traditional connectivity. Serving over 1 billion subscribers, Amdocs aims to facilitate faster service launches with its microservices-based architecture, which allows for continuous updates and minimizes downtime risks.