Amdocs Limited NASDAQ: DOX Fiscal Q3 2024 Earnings Presentation August 7, 2024 Shuky Sheffer President & CEO Tamar Rapaport-Dagim CFO & COO The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in Amdocs Limited securities or in any securities of its affiliates or subsidiaries. 2 Information Security Level 0 – Public. © 2024 – Proprietary & Confidentia ...

For the quarter ended June 2024, Amdocs (DOX) reported revenue of $1.25 billion, up 1.1% over the same period last year. EPS came in at $1.62, compared to $1.57 in the year-ago quarter. The reported revenue represents a surprise of -0.42% over the Zacks Consensus Estimate of $1.26 billion. With the consensus EPS estimate being $1.61, the EPS surprise was +0.62%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next m ...

Amdocs (DOX) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 0.62%. A quarter ago, it was expected that this provider of computer systems integration would post earnings of $1.58 per share when it actually produced earnings of $1.56, delivering a surprise of -1.27%. Over the last four ...

With all these partnerships in place, DOX is increasing its cloud capabilities at a time when the cloud computing market is projected to witness a CAGR of 15% from 2023 to 2028, per the markets and markets report. AT&T has remained one of the long-term and major customers of DOX, accounting for 24% and 27% of Amdocs' revenues in fiscal 2023 and 2022, respectively. Through this Oracle cloud migration, DOX will be able to provide fast and agile interactions at scale to this client. You can see the complete li ...

Enhances eSIM Onboarding By leveraging the strengths of both Amdocs and Google Cloud, CSPs can now offer eSIM services on a global scale. This comprehensive solution will be marketed and operated by Amdocs, incorporating Google Cloud's Telecom Subscriber Insights to enhance functionality. The digital-only approach streamlines the activation process, eliminating the need for physical SIM cards and visits to retail stores. This not only reduces operational costs but also minimizes customer support calls, offe ...

JHVEPhoto/iStock Editorial via Getty Images Thesis Amdocs Limited (NASDAQ:DOX) is an undervalued dividend-growth company. This BBB investment-grade company has a low long-term debt-to-capital of just 17.57%. It is expected to post an average high single-digit adjusted operating earnings growth rate of 9.32% this year, and 9.58% for the next 2-3 years. Add to that the 2.31% dividend yield that has been growing at an average of 11.91% a year for the past 5 years (a slight dip compared to the 12.59% dividend g ...

Amdocs Limited (DOX) reported second-quarter fiscal 2024 results, wherein earnings missed the Zacks Consensus Estimate and revenues matched the same. However, both the top and bottom lines marked a year-over-year improvement.The company reported second-quarter non-GAAP earnings of $1.56 per share, missing the consensus mark of $1.58. The non-GAAP earnings per share matched the midpoint of management’s guidance of $1.53-$1.59. Quarterly earnings increased 6.1% from the year-ago quarter’s $1.47 per share.Amdo ...

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Financial Data and Key Metrics Changes - The company achieved record revenue of approximately $1.25 billion in Q2, up 2.0% year-over-year in constant currency, slightly better than the midpoint of guidance [42][82] - Non-GAAP diluted EPS was $1.56, consistent with the midpoint of expectations, and the non-GAAP operating margin improved by 60 basis points year-over-year [11][42] - Free cash flow generated in Q2 was $113 million, with an expected full-year free cash flow of approximately $700 million, reflecting a healthy free cash flow yield of roughly 7% relative to the current market capitalization [13][14] Business Line Data and Key Metrics Changes - Managed services revenue was approximately $720 million, accounting for roughly 58% of total revenue in Q2, with a near 100% renewal rate on existing customer agreements [30] - The company reported a record 12-month backlog of $4.23 billion, up approximately 3% from a year ago, reflecting healthy sales momentum [55][75] Market Data and Key Metrics Changes - North America revenue declined 0.7% year-over-year, primarily due to slower pipeline-to-sales conversion, while Europe experienced healthy growth of 8% year-over-year [54] - The Rest of World segment achieved a record quarter, increasing by 7% as project and managed services activities ramped up with various customers [54] Company Strategy and Development Direction - The company is focused on leveraging Generative AI to enhance its product offerings and has established partnerships with industry leaders like NVIDIA, Microsoft, and AWS [6][81] - Amdocs aims to accelerate digital transformation for service providers, emphasizing cloud migration and the monetization of 5G and fiber networks [35][50] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging environment of macro uncertainty and industry pressure but remains optimistic about healthy market demand for innovative products and services [9][62] - The company expects revenue growth of between 1.7% to 3.7% year-over-year on a constant currency basis in fiscal 2024, with a focus on operational excellence and improving business efficiency [37][53] Other Important Information - The company has been recognized for its initiatives in the communications industry, including winning the TM Forum Moonshot Catalyst award for its Carbon Footprint Catalog Offering [31] - A restructuring plan was initiated, resulting in a charge of $33 million, mainly for employee severance and benefits arrangements [88] Q&A Session Summary Question: What are the reasons behind the reduction in top-line expectations? - Management clarified that the reduction is not due to project cancellations but rather slower conversion of pipeline to sales, particularly for large deals [63][92] Question: Why is North America underperforming compared to other geographies? - The underperformance in North America is attributed to slower pipeline-to-sales conversion and legacy spending issues [97]

Amdocs (DOX) reported $1.25 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 1.8%. EPS of $1.56 for the same period compares to $1.47 a year ago.The reported revenue represents a surprise of -0.50% over the Zacks Consensus Estimate of $1.25 billion. With the consensus EPS estimate being $1.58, the EPS surprise was -1.27%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...