Amdocs Limited Reports Fourth Quarter Fiscal 2020 Results

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Go back to Amdocs Limited Reports Fourth Quarter Fiscal 2020 Results

Amdocs (DOX) Tops Q4 EPS by 5c, Revenues Beat; Offers 1Q EPS/Revenue Guidance

November 10, 2020 4:04 PM EST

Amdocs (NASDAQ: DOX) reported Q4 EPS of $1.23, $0.05 better than the analyst estimate of $1.18. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.03 billion.

Fourth Quarter Fiscal 2020 Highlights

Closed the previously announced acquisition of Openet on August 11, 2020Today signed an agreement for the divestiture of OpenMarket, an Amdocs subsidiary, for approximately $300 million cash with Infobip, a company in which One Equity Partners is the primary institutional investorRevenue of $1,053 million. After adjusting for a positive impact from foreign currency movements of approximately $7 million compared to our... More