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, through its subsidiary Vubiquity, has partnered with Airtel Africa to serve as a premium content supplier and exclusive content curator. This collaboration will leverage Vubiquity’s Content-as-a-Service solution hosted on Azure, enhancing Airtel TV's offerings across multiple countries. The service will provide instant access to a wide range of media content, boosting Airtel's brand presence. Amdocs is optimistic about this venture, emphasizing the personalized consumer experience it will create, which is vital for market competitiveness.
Amdocs Limited (NASDAQ: DOX) reported a record revenue of $1.048 billion for Q2 FY2020, slightly above guidance. GAAP diluted EPS of $0.94 and non-GAAP diluted EPS of $1.08 also exceeded expectations. Operating income stood at $157 million with a margin of 15%. The twelve-month backlog reached $3.46 billion, reflecting a 2.1% year-over-year increase, despite a $60 million sequential decline. A quarterly dividend of $0.3275 per share was declared. The outlook for Q3 FY2020 anticipates revenue between $990-$1,040 million amid COVID-19 uncertainties.
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