Amdocs (DOX) Tops Q3 EPS by 2c, Offers Q4 Guidance

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Amdocs Limited Reports Third Quarter Fiscal 2020 Results

August 5, 2020 4:02 PM EDT

Quarterly Revenue of $1.03 Billion, Exceeding Midpoint of Guidance

Raises Fiscal 2020 Revenue Growth Outlook to 1.1%-2.1% YoY as Reported and 1.6%-2.6% YoY in Constant Currency

Expects Announced Acquisition of Openet to Close in Fourth Quarter Fiscal 2020 

Third Quarter Fiscal 2020 Highlights

Revenue of $1,026 million, exceeding the midpoint of the $990-$1,040 million guidance range, also after adjusting for a positive impact from foreign currency movements of approximately $5... More