Amdocs (NASDAQ:DOX – Get Free Report) announced its earnings results on Wednesday. The technology company reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.02, Briefing.com reports. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Amdocs had a return on equity of 17.85% and a net margin of 10.62%. Amdocs’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 EPS.
Amdocs Stock Down 1.1 %
Shares of Amdocs stock traded down $0.93 during trading hours on Friday, hitting $83.02. 776,806 shares of the company’s stock traded hands, compared to its average volume of 720,533. The company has a market cap of $9.76 billion, a PE ratio of 18.66, a PEG ratio of 1.52 and a beta of 0.73. Amdocs has a twelve month low of $74.41 and a twelve month high of $94.04. The stock has a 50 day simple moving average of $80.28 and a 200-day simple moving average of $85.32. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.21.
Amdocs Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, September 30th will be paid a dividend of $0.479 per share. The ex-dividend date is Monday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.31%. Amdocs’s dividend payout ratio is presently 42.92%.
Analyst Ratings Changes
Read Our Latest Analysis on DOX
About Amdocs
Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.
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