Emerging markets push up Amdocs profit, revenue

Amdocs posted a non-GAAP net income of $114.7 million in the second quarter of its fiscal year (January to March), 4% better YOY. This push up its non-GAAP earnings per diluted share to $0.67
 
GAAP net income went up 8.3% to $101.9 million while diluted EPS improved to $0.60.
 
Revenue was $808.9 million, up 0.2% sequentially from the first fiscal quarter of 2012 and up 2.5% YOY.
 
"Our second fiscal quarter performance reflects ongoing deal momentum in the emerging markets and healthy business activity in Europe, partially offset by a slow recovery of spending at AT&T,”

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.