Welcome to our dedicated page for Amdocs news (Ticker: DOX), a resource for investors and traders seeking the latest updates and insights on Amdocs stock.
Amdocs Limited provides software products and services for communications and media companies, with news commonly centered on customer transformation programs, cloud modernization, digital business systems, and managed operations for telecom and media service providers. Company updates also cover its agentic AI strategy, including aOS, Cognitive Core, CES26, Store Genie, and software offerings that connect customer engagement, billing, ordering, assurance, and network operations.
Amdocs news also includes product launches such as eSIM traveler services, collaborations around application modernization and AI productivity research, global studies on AI-led customer experience, and governance changes involving executive leadership and the board of directors.
Amdocs (NASDAQ: DOX) has acquired Sourced Group for approximately $75 million, enhancing its cloud-native offerings. This acquisition will leverage Sourced's expertise in large-scale cloud transformations, particularly in finance and communications sectors. Amdocs aims to expand its service capabilities for over 350 service provider customers globally. The deal's impact on Amdocs' non-GAAP diluted EPS is projected to be neutral for the fiscal year 2021, while the GAAP EPS effect remains undetermined until purchase price allocation completion.
Amdocs (NASDAQ: DOX) announced its collaboration with SES, a leading content connectivity provider, to implement Amdocs Quality Engineering's end-to-end testing framework. This partnership aims to streamline SES's flow validation process through automation. Amdocs will assist SES with design, integration, and quality engineering using its cloud-native platform. The collaboration is focused on enhancing service orchestration and ensuring faster market delivery for SES's connectivity services, emphasizing the importance of high quality and performance.
Amdocs (NASDAQ: DOX) celebrates its collaboration with Airtel, receiving the ‘Agile Leader of the Year’ award for excellence in operational efficiency and digital experience enhancement. This multi-year partnership has led to the successful implementation of Amdocs’ AI-driven SmartOps platform, improving customer service and significantly reducing call center volumes. The ongoing migration of Airtel's wireless and enterprise customers to Amdocs’ systems promises faster delivery of digital services, ensuring continued growth and optimized costs.
Amdocs (NASDAQ: DOX) and Atrinet have partnered to enhance inventory workflows for Slovak Telekom and T-Mobile Czech Republic. This collaboration involves Amdocs upgrading operations support systems with a comprehensive resource inventory system and Atrinet's automation solutions. The goal is to modernize and consolidate inventory platforms to meet growing network demands. Executives from both companies emphasize the importance of improving productivity and customer experience, reflecting a strong commitment to ongoing innovation in network management.
Amdocs (NASDAQ: DOX) announced the successful completion of a new migration for Altice USA, enhancing operational efficiencies by consolidating Service Electric Cable TV's subscriber base. This strategic move allows Altice to streamline services for acquired customers, expand its footprint, and reduce operational costs. Amdocs' Group President, Anthony Goonetilleke, highlighted the strengthening relationship with Altice, emphasizing their commitment to customer experience and industry advancement.
Amdocs (NASDAQ: DOX) announced a multi-year partnership between Vubiquity and Telefonica HispAm to provide content and licensing for the Movistar Play service across multiple Latin American markets, including Argentina, Chile, Colombia, and Peru. Vubiquity will deliver a wide range of content from major studios and independent creators, enhancing the viewer experience. This collaboration is poised to strengthen Vubiquity's footprint in the region and support Telefonica's strategy for superior service delivery to its subscribers.
Vubiquity, part of Amdocs (NASDAQ: DOX), has renewed its partnership with VTR, a leading telecommunications provider in Chile, to enhance VTR+'s TV on Demand service. This agreement will expand VTR's content offerings with premium entertainment from major studios and improve marketing services to boost performance analysis and content exposure. Darcy Antonellis from Amdocs Media highlighted the importance of this collaboration in advancing technology and delivering quality entertainment to the Latin American market.
Amdocs Limited (NASDAQ: DOX) reported second quarter fiscal 2021 revenue of $1,049 million, exceeding guidance of $1,015-$1,055 million. Managed services revenue reached $635 million, representing 61% of total revenue. GAAP diluted EPS was $0.91, while non-GAAP diluted EPS hit $1.13. The company returned $403 million to shareholders via dividends and share repurchases. Amdocs announced the acquisition of Sourced Group to enhance its cloud capabilities and raised its fiscal 2021 outlook for revenue and EPS growth, driven by a 12-month backlog of $3.54 billion.
Amdocs (NASDAQ: DOX) announced that M1 Limited, a digital network operator in Singapore, will implement its Openet solution aimed at enhancing digital and 5G services management. The collaboration focuses on accelerating M1's digital transformation on Microsoft Azure, enabling hyper-personalized offerings and real-time customer data usage insights. Amdocs aims to enhance M1’s customer experience and support Singapore’s digital economy while providing agility and faster market responsiveness.
Amdocs (DOX) announced its participation in several virtual investor conferences in Q3 fiscal 2021. Key dates include:
- May 17: 16th Annual Needham Virtual Technology & Media Conference
- May 18: Barclays Americas Select Conference
- May 24: Oppenheimer & Co 22nd Annual Israeli Investor Conference
- June 7: Oppenheimer & Co Virtual Software & Semiconductor Bus Tour
- June 8: Stifel 2021 Virtual Cross-Sector Insight Conference
- June 9: Baird’s 2021 Global Consumer, Technology & Services Conference
- June 10: BofA Global Technology Conference
- June 15: Nasdaq 44th Investor Conference
Further details will be available on Amdocs' investor relations website.