Amdocs FY Q1 Revs, EPS In Line; No Surprises In Outlook
Amdocs (DOX) this afternoon reported first quarter revenue of $742 million, a smidge ahead of the Street at $739.8 million. Non-GAAP EPS came in right in line with the Street and guidance at 56 cents.
For Q2, the company sees revenue of $757 million to $767 million, with non-GAAP EPS of 57-59 cents. The Street has been looking for $759 million and 57 cents. For the full fiscal year ending September 2008, the company repeated previous guidance of revenue of $3.05 billion to $3.15 billion, with non-GAAP EPS of $2.29 to $2.39. The Street is at $3.09 billion and $2.35 a share.
In the regular session, the billing services company was down 68 cents, at $31.

Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.