Revenue Update on Amdocs Limited(NASDAQ:DOX)

Amdocs Limited(NASDAQ:DOX) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during After-hours on Jul 26, 2016. Company reported revenue of $930.13M. Analysts estimated a revenue of $928.81M. Earnings per share were $0.90. Analysts had estimated an EPS of $0.87.

Amdocs Limited (DOX) made into the market gainers list on Fridays trading session with the shares advancing 0.40% or 0.23 points. Due to strong positive momentum, the stock ended at $58.36, which is also near the day’s high of $58.55. The stock began the session at $58.27 and the volume stood at 8,30,672 shares. The 52-week high of the shares is $61.46 and the 52 week low is $50.055. The company has a current market capitalization of $8,740 M and it has 14,97,65,000 shares in outstanding.

Amdocs Limited (Amdocs) is a provider of software and services for communications media and entertainment industry. The Company designs develops markets supports implements and operates customer experience systems for wireless wireline cable and satellite service providers across the world. Amdocs also offers a range of advertising and media solutions for local marketing service providers and search and directory publishers. Its customers are in North America Europe Latin America and the Asia-Pacific region. The Company’s software portfolio of customer experience enabling products spans the Revenue Management Customer Management Operational Support Systems (OSS) Network Control Network Optimization Mobile Financial Services and Digital Lifestyle Services. It offers a suite of services to advise transform support and optimize business and technology processes. In addition the Company offers learning services to develop competency in Amdocs systems and applications.

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