Amdocs reports Q1 non-GAAP EPS $1.81, consensus $1.76

Reports Q1 revenue $1.156B, consensus $1.15B. “First quarter financial results were consistent with our guidance as we continue to focus on our primary goal of reaccelerating Amdocs (DOX)’ long-term growth and extending our position as a market leader for the generative AI era. I am proud to announce that Amdocs has extended our long-term relationship with T-Mobile under a new multi-year agreement which includes managed services, software development, and AI innovation. In addition, we signed an expanded multi-year engagement at Vodafone Germany, added two new western European logos, and closed the acquisition of Matrixx Software as a strategic consolidation move which complements and expands our activities at Verizon, Telus, Telefonica, Swisscom, Three, Virgin Media O2, Telstra and other customers. As to generative AI, our accelerated development roadmap is progressing as planned with today’s announcement of aOS, an agentic operating system purpose-built for telecommunications which we expect can provide a new long-term growth engine for Amdocs,” said Shuky Sheffer, CEO.