Amdocs: Fiscal 3Q Earnings Snapshot
CHESTERFIELD, Mo. (AP) _ Amdocs Ltd. (DOX) on Tuesday reported fiscal third-quarter earnings of $91.5 million.
On a per-share basis, the Chesterfield, Missouri-based company said it had profit of 64 cents. Earnings, adjusted for restructuring costs and amortization costs, were $1.03 per share.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of $1.03 per share.
The provider of computer systems integration posted revenue of $1 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.01 billion.
For the current quarter ending in September, Amdocs expects its per-share earnings to range from 95 cents to $1.01.
The company said it expects revenue in the range of $980 million to $1.02 billion for the fiscal fourth quarter.
Amdocs shares have climbed 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $67.58, an increase of nearly 1 percent in the last 12 months.