Amdocs Limited Reports Second Quarter Fiscal 2021 Results; Quarterly Revenue of $1.05 Billion, Exceeding Midpoint of Guidance

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Amdocs (DOX) Reports In-Line Q2 EPS, Revenues Beat; Offers 3Q EPS/Revenues Outlook

May 12, 2021 4:04 PM EDT

Amdocs (NASDAQ: DOX) reported Q2 EPS of $1.13, in-line with the analyst estimate of $1.13. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.04 billion.

Second Quarter Fiscal 2021 Highlights

Revenue of $1,049 million, above the midpoint of the $1,015-$1,055 million guidance range; revenue included a negative impact from foreign currency movements of approximately $1 million compared to our guidance assumptionsRecord managed services revenue of $635 million, equivalent to approximately 61% of total revenueGAAP diluted EPS of $0.91, at the midpoint of the $0.87-$0.95 guidance rangeNon-GAAP diluted EPS of $1.13, above the midpoint of the... More