Amdocs (DOX) Tops Q3 EPS by 2c
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Bulgaria's Mtel and Amdocs Extend and Expand Multi-Year Managed Services Engagement
July 29, 2015 4:06 PM EDTST. LOUIS, July 29, 2015 (GLOBE NEWSWIRE) -- Amdocs (Nasdaq: DOX), the leading provider of customer experience solutions, today announced the expansion and extension of its managed services agreement with Mtel through 2021. The new agreement will simplify operations and achieve synergies across lines of business to reduce costs, and improve business and operational performance levels. One of the largest affiliates in the Telekom Austria Group, Mtel is Bulgaria's leading mobile service provider and also offers fixed, broadband Internet and IPTV services.
As part of the expanded agreement, Amdocs will assume responsibility for all remaining Mtel legacy... More
Amdocs Limited Reports Record Quarterly Revenue of $908M
July 29, 2015 4:01 PM EDTKey highlights:
Closed the previously announced acquisition of the Comverse business support systems (BSS) assets on July 2, 2015, for $273 million in cash Third fiscal quarter revenue of $908 million, within the $885-$925 million guidance range. Revenue was in line with the midpoint of expectations, excluding foreign currency movements. Foreign currency movements positively affected revenue by approximately $1 million relative to the second quarter of fiscal 2015 Third fiscal quarter non-GAAP operating income of $155 million; non-GAAP operating margin of 17.1%; GAAP operating income of $127 million Third fiscal quarter diluted non-GAAP EPS of $0.84, two cents above midpoint of the $0.79-$0.85 guidance... More