Amdocs raises fiscal 2012 EPS growth outlook

Amdocs reported a 0.9% growth in revenues for the quarter that ended June 30, 2012, which reached $809 million and hit the expected $805-$825 million guidance range.
 
Foreign currency movements negatively affected revenue by approximately $5 million relative to the second fiscal quarter of 2012.
 
The company raised its fiscal year 2012 guidance to 14-16% non-GAAP EPS growth from previous 12-14%.
 
Fourth quarter fiscal 2012 guidance shows expected revenue at $815-$835 million as well as diluted non-GAAP EPS of $0.66-$0.72 and diluted GAAP EPS of $0.54-$0.62.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.