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.

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