Amdocs (DOX) Reports In-Line Q1 EPS; $750M Buyback
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Amdocs (NASDAQ: DOX) reported Q1 EPS of $0.86, in-line with the analyst estimate of $0.86. Revenue for the quarter came in at $922 million versus the consensus estimate of $925.39 million.
GUIDANCE:
Amdocs sees Q2 2016 EPS of $0.84-$0.90, versus the consensus of $0.88. Amdocs sees Q2 2016 revenue of $905-945 million, versus the consensus of $931.8 million.
The board of directors has approved a share repurchase plan authorizing the repurchase of up to $750 million of ordinary shares at the company’s discretion; this plan has no expiration date and is in addition to the current authorization, which, as of December 31, 2015, provided for up to $160 million of remaining repurchase authority
For earnings history and earnings-related data on Amdocs (DOX) click here.
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