Amdocs (NASDAQ:DOX – Get Free Report) released its earnings results on Wednesday. The technology company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.02, Briefing.com reports. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.25 billion. Amdocs had a return on equity of 17.85% and a net margin of 10.62%. The business’s revenue for the quarter was up 1.1% on a year-over-year basis. During the same period last year, the business posted $1.41 earnings per share.
Amdocs Price Performance
NASDAQ:DOX traded down $0.93 during trading hours on Friday, hitting $83.02. 776,806 shares of the company’s stock traded hands, compared to its average volume of 720,533. The firm has a market cap of $9.76 billion, a P/E ratio of 18.66, a P/E/G ratio of 1.52 and a beta of 0.73. Amdocs has a 52 week low of $74.41 and a 52 week high of $94.04. The business’s fifty day simple moving average is $80.28 and its two-hundred day simple moving average is $85.32. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.21.
Amdocs Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 25th. Investors of record on Monday, September 30th will be paid a dividend of $0.479 per share. This represents a $1.92 annualized dividend and a yield of 2.31%. The ex-dividend date of this dividend is Monday, September 30th. Amdocs’s dividend payout ratio is 42.92%.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on Amdocs
Amdocs Company Profile
Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.
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