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 Ltd (NASDAQ: DOX) provides mission-critical software solutions for global communications and media providers. This news hub offers investors and industry professionals centralized access to official announcements and strategic updates.
Track Amdocs' latest developments including earnings reports, product innovations, and partnership agreements. Our curated collection ensures timely updates on cloud migration initiatives, AI-driven automation advancements, and customer experience platform enhancements.
Key content categories include quarterly financial results, technology patent announcements, managed services expansions, and leadership updates. Bookmark this page for reliable information about Amdocs' BSS/OSS solutions and digital transformation strategies.
For stakeholders monitoring the telecom software sector, this resource simplifies tracking of DOX's market position and operational milestones. Return regularly for unfiltered updates directly from corporate communications and verified industry sources.
Amdocs (DOX) reported Q1 fiscal 2025 results with revenue of $1.11 billion, down 10.9% YoY as reported but up 1.7% YoY in pro forma constant currency. The company's managed services revenue reached $729 million, representing 66% of total revenue. GAAP diluted EPS was $1.33, while non-GAAP diluted EPS reached $1.66.
The company's twelve-month backlog increased to $4.14 billion, up $80 million sequentially and 2.7% YoY on a pro forma basis. During Q1, Amdocs repurchased $144 million of ordinary shares and maintained its fiscal 2025 outlook for revenue growth of 1%-4.5% YoY in pro forma constant currency. The company expects fiscal 2025 revenue to decline between 11.6% and 8.5% YoY as reported.
Profitability improved significantly in Q1, driven by the phase-out of low-margin activities and focus on operational excellence. The company reiterates its commitment to delivering double-digit total shareholder returns for the fifth consecutive year.
Amdocs (NASDAQ:DOX), a leading software and services provider for communications and media companies, has announced the filing of its Annual Report on Form 20-F for the fiscal year ended September 30, 2024, with the U.S. Securities and Exchange Commission. The report, which includes the company's financial statements, is accessible through Amdocs' investor relations website. The company has stated that shareholders can request a free copy of the 2024 annual report.
Amdocs (NASDAQ:DOX) released a global study titled 'Rethinking Brand and Customer Experience in the Agentic Era' exploring how generative AI-based agents impact brand identity in customer interactions. The study reveals significant consumer openness to AI agents, with 51% of consumers viewing CSPs using AI agents as futuristic and innovative.
Key findings show that 45% of consumers prefer AI agent interactions over human agents, and 61% would switch to a CSP offering superior AI agents. Consumer expectations for AI agents exceed CSP estimates across all metrics, including empathy (80% vs 43%) and professionalism (85% vs 44%). The study involved 120 CSP leaders and 7,025 consumers across 14 countries.
Amdocs (NASDAQ:DOX) has been awarded two prestigious 2024 AWS Partner Awards: Industry Partner of the Year - Telco (Global) and Industry Partner of the Year - Telco (North America). The global award recognizes Amdocs' collaboration with PLDT in the Philippines, supporting their cloud migration to AWS through a multi-year agreement that includes legacy application migration and deployment of Amdocs Intelligent Networking Suite.
The North America award acknowledges Amdocs' implementation of its connectX SaaS solution with AT&T, providing a turnkey 'telco-in-a-box' platform that enables telcos and MVNOs to rapidly launch digital services. The platform includes comprehensive features such as catalog management, subscription services, mobile app capabilities, and integration of payment gateways.
Wave Money, a leading mobile financial services provider in Myanmar, has selected Amdocs (NASDAQ:DOX) to enhance its core platform with the Amdocs Digital Financial Services platform. The collaboration aims to provide Wave Money with increased agility to respond to market demands while ensuring scalability and optimizing operational costs. The new platform will enable Wave Money to expand its financial services offerings and enhance the mobile wallet experience for both urban and rural users across Myanmar.
Vivo has selected Amdocs (NASDAQ:DOX) to enhance its systems flexibility and operational efficiency. The collaboration will support Vivo's microservices strategy through cloud-native web services based on TM Forum standards. Amdocs will provide business support systems (BSS) capabilities that can be securely accessed by authorized platforms, along with low-code capabilities for simpler service development. The partnership aims to reduce time-to-market and improve operational efficiencies for the Brazilian communications service provider.
Amdocs (NASDAQ:DOX) announced that Convera, a global commercial payments leader, has selected Amdocs' SaaS-based Bill Experience solution to enhance its customer billing system. The solution will provide transparent bill viewing and payment capabilities with multi-language support and personalization features. Bill Experience, part of Amdocs' Freestyle Billing platform, uses AI and machine learning to deliver real-time, personalized billing experiences. The implementation aims to improve Convera's time-to-market, business efficiency, and scalability while offering customers greater flexibility in managing their cross-border payment activities.
Amdocs has announced enhanced capabilities for its MarketONE platform, a cloud-native SaaS solution that helps communications service providers (CSPs) deliver personalized digital services. The platform has achieved over 50% annualized growth with millions of subscribers in 2024, expanding globally with adoption by major CSPs including A1 Group, Hubbl, Virgin Media O2, and AT&T Mexico.
New features include enhanced personalization capabilities, simplified plan management, improved eligibility management, federated identity capabilities, and an expanded partner ecosystem including 9 of the top 10 entertainment streaming services. The platform has received positive recognition from analysts at OMDIA and STL Partners for its value proposition and subscription management capabilities.
Amdocs (NASDAQ:DOX) has announced significant enhancements to its amAIz generative AI platform, introducing new GenAI Care and Sales Agents capabilities. The platform now features advanced customer interaction tools powered by NVIDIA AI technology, including real-time speech-to-speech synthesis and digital human visualizations. The enhanced platform leverages NVIDIA NIM microservices and NVIDIA Riva for seamless speech recognition and machine translation, while incorporating NVIDIA ACE technologies for interactive avatars with realistic expressions. The system utilizes AWS tools to optimize AI model selection based on latency, accuracy, and cost requirements.
Amdocs (NASDAQ:DOX) announced new capabilities for its SaaS connectX platform, strengthening its position in the MVNE/MVNO market. The platform's enhancements include expanded brand management, data analytics, and generative AI-powered smart agents, enabling faster service launches and improved customer experience. ConnectX has been adopted by several major brands, including AT&T, Melon Digital, and Rizz Wireless. The platform features pre-integrated partnerships with services like Amazon Bedrock, AKKO, and Ceratax, offering pay-as-you-go flexibility through AWS.
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