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HomeMarketAmdocs Earnings, Revenue in line in Q4 By Investing.com

Amdocs Earnings, Revenue in line in Q4 By Investing.com

© Amdocs PR Amdocs Earnings, Revenue in line in Q4
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Investing.com – Amdocs (NASDAQ:) reported on Tuesday fourth quarter that matched analysts’ forecasts and revenue that was in line with expectations.

Amdocs announced earnings per share of $1.29 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $1.17B.

Amdocs shares are down 35% from the beginning of the year, still down 9.93% from its 52 week high of $90.77 set on August 19.

Amdocs shares lost 0.32% in after-hours trade following the report.

Amdocs follows other major Information Technology sector earnings this month

Amdocs’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Story Credit: investing.com

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