Amdocs Limited Reports Quarterly Revenue of $922M, Above the Midpoint of Guidance on a Constant Currency Basis

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Go back to Amdocs Limited Reports Quarterly Revenue of $922M, Above the Midpoint of Guidance on a Constant Currency Basis

Oppenheimer Remains Bullish on Amdocs (DOX) as North America Lagged in 1Q

February 3, 2016 6:46 AM EST

Oppenheimer reiterated an Outperform rating and $65.00 price target on Amdocs Ltd. (NASDAQ: DOX) following the company's 1Q earnings. DOX posted revenue of $922M. Adjusting for an FX headwind of ~$5M, revenue would have been ~ $927M. EPS of $0.86 beat the consensus $0.85. Performance from North America... More