Amdocs (DOX) Tops Q1 EPS by 1c, Offers Guidance

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Amdocs Limited Reports First Quarter Fiscal 2020 Results

February 4, 2020 4:02 PM EST

Record Quarterly Revenue of $1.04 Billion

Record Quarterly Backlog of $3.52 Billion, up 4.5% YoY

Raises Fiscal 2020 Normalized Free Cash Flow Outlook to $500 Million

First Quarter Fiscal 2020 Highlights

Revenue of $1,042 million, above the midpoint of the $1,015-$1,055 million guidance range, adjusting for a positive impact from foreign currency movements of approximately $4 million compared to our guidance assumptionsGAAP diluted EPS of $0.85, above the midpoint of the $0.79-$0.87 guidance... More