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Amdocs Q4 revenue up approximately 3.8% and FY2027 outlook lowered

The Motley Fool +1 · ·by G4L

DOX
DOX Amdocs Ltd
$42.09 -3.97%
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  1. 1Amdocs Limited Q4 revenue increased approximately 3.8% year-over-year to approximately $1.194 billion.
  2. 2Amdocs revenue is expected to decrease by 7% to 11% in FY2027 following the sale of the media business and the termination of non-strategic businesses.
  3. 3Amdocs non-GAAP diluted earnings per share is projected to decrease by 26% and 30% in FY2027.

So what's the key point?

Amdocs Q4 revenue grew to approximately $1.194 billion. However, revenue and earnings per share are expected to decrease in 2027 as the company reorganizes its business operations.

Source The Motley Fool +1 · View original ↗

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