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) announced that Globe Telecom, a major Philippine service provider, has chosen Amdocs' cloud-native CatalogOne and DigitalOne solutions for a transformative multi-vendor project. Amdocs will manage the deployment on a public cloud under a long-term services agreement, replacing Globe's legacy systems with modern technology. This collaboration aims to enhance Globe's enterprise services and operational efficiency, allowing faster service deployment and improved customer experiences.
Amdocs (NASDAQ: DOX) has expanded its partnership with Liberty Global, enhancing digital access to media content and communication services across multiple devices. Utilizing Amazon Web Services, this collaboration aims to streamline customer experiences and reduce support calls while providing secure multi-factor authentication. The initiative will also foster business opportunities and optimize customer journeys in Europe, positioning Liberty Global for future revenue growth.
Amdocs (NASDAQ: DOX) announced that AT&T Mexico has successfully launched the MarketONE platform on the public cloud, enhancing its digital and OTT subscription services. MarketONE simplifies OTT partner integrations, reducing costs and complexity while enabling direct carrier billing (DCB) for customers. This platform allows AT&T Mexico to offer a seamless user experience across various services, including subscription video and music. The collaboration aims to increase customer loyalty through improved onboarding and flexible subscription options.
Amdocs (NASDAQ: DOX) has partnered with SoftBank Corp. to conduct a Proof of Concept (PoC) aimed at enhancing customer experience through business intelligence and artificial intelligence. Utilizing the cloud-native IntelligenceONE platform on Microsoft Azure, Amdocs will assist SoftBank in identifying new monetization opportunities. The initial focus will be on predicting delivery demand in the transportation sector, leveraging historical order data to generate actionable insights. This collaboration highlights Amdocs' commitment to driving innovation and revenue streams across industries.
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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