Amdocs (DOX) Tops Q3 EPS by 3c

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Amdocs Limited Reports Record Quarterly Revenue of $930M, at the Midpoint of Guidance on a Constant Currency Basis

July 26, 2016 4:01 PM EDT

Reiterates FY16 Non-GAAP Diluted EPS Growth Towards the Midpoint of the Previously Guided Range of 3.5%-7.5% YoY

Key highlights:

Third fiscal quarter revenue of $930 million, at the midpoint of the $910-$950 million guidance range. As we anticipated, foreign currency movements positively affected revenue by approximately $5 million relative to the second quarter of fiscal 2016.Diluted GAAP EPS of $0.70 for the third fiscal quarter, in line with the high-end of the $0.63-$0.71 guidance rangeThird fiscal quarter diluted non-GAAP EPS of $0.90, at the high-end of the $0.84-$0.90 guidance range (non-GAAP EPS excludes amortization... More