Amdocs (DOX) Tops Q2 EPS by 5c; Reiterates Outlook
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Amdocs Limited Reports Quarterly Revenue of $926M, at the Midpoint of Guidance on a Constant Currency Basis
May 4, 2016 4:01 PM EDTReiterates FY16 Non-GAAP Diluted EPS Growth Outlook of 3.5%-7.5% YoY
Key highlights:
Second fiscal quarter revenue of $926 million, within the $905-$945 million guidance range, including foreign currency movements that negatively affected revenue by approximately $1 million relative to the first quarter of fiscal 2016. Revenue was at the midpoint of Amdocs guidance, excluding foreign currency movementsSecond fiscal quarter diluted non-GAAP EPS of $0.92, above the $0.84-$0.90 guidance range (non-GAAP EPS excludes amortization of purchased intangible assets and other acquisition-related costs, and equity-based compensation expense, net of related tax effects). Foreign exchange gains,... More