Amdocs: Fiscal Q3 Earnings Snapshot
SAINT LOUIS (AP) — SAINT LOUIS (AP) — Amdocs Ltd. (DOX) on Wednesday reported fiscal third-quarter profit of $140.3 million.
The Saint Louis-based company said it had net income of $1.21 per share. Earnings, adjusted for one-time gains and costs, came to $1.62 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The provider of computer systems integration posted revenue of $1.25 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $1.26 billion.
For the current quarter ending in September, Amdocs expects its per-share earnings to range from $1.67 to $1.73.
The company said it expects revenue in the range of $1.24 billion to $1.28 billion for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOX at https://www.zacks.com/ap/DOX