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.
On May 7, 2020, Vubiquity, part of Amdocs (NASDAQ: DOX), announced a partnership with StarHub, enhancing its transaction-based TV on demand (TVOD) service with premium entertainment content from major Hollywood studios. This collaboration aims to offer diverse content services, including licensing, marketing, and delivery of films and TV shows. StarHub, awarded Best Pay-TV Operator in Singapore, now provides customers access to 20,000 hours of new content monthly, meeting growing demand amid the COVID-19 pandemic. Amdocs is committed to supporting StarHub's innovation in delivering quality entertainment.
Amdocs' Vubiquity has expanded its partnership with Partner TV, enhancing content offerings in Israel. The collaboration will introduce new products, including Video-on-Demand (VoD) services, and will power Partner TV's VoD store with premium titles. Vubiquity will also manage the entire on-demand content library, increasing content variety. Partner Communications' CEO praised Vubiquity for providing cutting-edge experiences to customers. Amdocs Media's Head expressed excitement about the collaboration, highlighting Partner TV's role as a leader in innovation.
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 (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 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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