Amdocs Ltd Stock Price, News & Analysis

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.

Melon Mobile has selected Amdocs' cloud-based 'telco in a box' solution, connectX, to enhance its mobile services in South Africa. This collaboration marks Melon Mobile's transformation from a mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE). Powered by AWS, connectX will provide Melon Mobile with tools to launch new services and support multiple MVNO brands under a single platform, offering seamless interfaces and reliable connectivity. The platform's multi-tenant capabilities will enable Melon Mobile to broaden its customer reach and create new revenue streams in South Africa's mobile market.

Amdocs (NASDAQ:DOX) has extended its collaboration with NTT Infrastructure Network (NTT InfraNet) through a new business transformation and managed services agreement. The partnership focuses on modernizing and migrating NTT InfraNet's core geographic information systems (GIS) applications to the cloud and implementing software development lifecycle (SDLC) processes.

The modernization program aims to enhance cost control, efficiency, and business capabilities for NTT InfraNet. Amdocs will provide a comprehensive cloud platform, migration services, and cloud security operations with automated management capabilities. This transformation will help optimize NTT InfraNet's vendor ecosystem and improve performance while supporting future growth.

Amdocs (NASDAQ:DOX) has announced a five-year extension of its strategic collaboration with Vodafone Italy. The new agreement focuses on modernizing Vodafone's business platform to cloud-ready and cloud-native solutions, including migration to Microsoft Azure cloud. Following the successful completion of their business support systems transformation, this extension aims to enhance operational efficiency, reduce costs, and enable faster delivery of high-quality services. The collaboration will support Vodafone Italy's ongoing IT systems modernization, improving customer experience and time to market for new offerings.

Amdocs (DOX) reported record fiscal 2024 revenue of $5.00 billion, up 2.4% year-over-year. The company achieved record managed services revenue of $2.905 billion, representing 58% of total revenue. For fiscal 2025, Amdocs is phasing out certain non-core, low-margin business activities, expecting revenue decline of 10.9%-7.7% as reported, but growth of 1%-4.5% on a pro forma constant currency basis. The company reported Q4 FY2024 revenue of $1.264 billion, up 1.7%, with non-GAAP diluted EPS of $1.70. The Board approved a 10% increase in quarterly dividend to $0.527 per share.

Vivo has selected Amdocs to enhance its systems flexibility and operational efficiency through a new collaboration announced on November 12, 2024. The partnership will implement cloud-native web services based on TM Forum standards, enabling Vivo to expose its Amdocs BSS capabilities securely across platforms. The solution features low-code capabilities for simpler service development and will support Vivo's microservices strategy, allowing the Brazilian operator to develop and introduce new services more quickly with minimal business disruption.

Amdocs (NASDAQ:DOX) has announced its investor conference schedule for the first quarter of fiscal 2025. The company will participate in six major events: Oppenheimer's AI Impact Summit (Nov 15), UBS Global Technology & AI Conference (Dec 3), Eden Rock Advisors Investor Call (Dec 6), Nasdaq Investor Conference (Dec 10), Raymond James TMT & Consumer Conference (Dec 11), and Barclays Global Technology Conference (Dec 12). Key executives including CEO Shuky Sheffer, CFO & COO Tamar Rapaport-Dagim, and Group President Anthony Goonetilleke will represent the company at various venues across the US and London.

Amdocs (NASDAQ:DOX) has announced an enhanced fiber offering to accelerate and streamline fiber network deployment. The company, which has designed over 1.2 million fiber route miles globally, has formed a new collaboration with IQGeo to integrate geospatial network lifecycle management software. The enhanced solution promises 30% faster deployment times, 10% or more reduction in cabling and trenching, and significant cost savings in network management through automation and error reduction. The offering includes zero-touch automation capabilities and supports both greenfield and brownfield deployments.

Amdocs (NASDAQ:DOX) announced that Rizz Wireless, a new mobile virtual network operator (MVNO), has chosen Amdocs' connectX cloud-native SaaS platform to support its digital offering for uninterrupted US local connectivity during international travel. ConnectX, powered by Amazon Web Services (AWS), provides a turnkey solution for launching differentiated brands and MVNOs, including catalog management, subscription services, mobile app, and local payment gateway integrations.

The platform enables Rizz Wireless to efficiently manage subscribers, offer flexible pricing plans, and ensure seamless network transitions. This partnership aims to provide hassle-free connectivity for business travelers and students abroad. Amdocs will showcase connectX at TM Forum Innovate Americas in Dallas, September 24-25.