Amdocs Q4 revenue grew 6.6% YOY
Amdocs revenue for its fourth fiscal quarter that ended September 30 was $812.2 million, up 1.3% from the previous quarter and up 6.6% year-on-year.
The acquisition of Bridgewater Systems accounted for $7 million in revenue, which was not reflected in the company's guidance.
Net income on a non-GAAP basis was $111.2 million ($0.62 per diluted share) increasing from the previous year’s non-GAAP net income of $122.4 million ($0.62 per diluted share).
The company's GAAP net income for the quarter was $87.4 million ($0.49 per diluted share), increasing from the $94.7 million ($0.48 per diluted share) previously.