Amdocs Evolves Industry-Leading MarketONE Platform, Celebrates Growth Milestone
SaaS marketplace platform provides communications service providers and merchants with robust new capabilities, and enables subscriber growth with diversified digital services JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced enhanced capabilities in its MarketONE platform (also known as Amdocs Subscription Marketplace), delivering new features that empower communications service providers (CSPs) to offer more personalized, flexible, and seamless experiences to their customers. The cloud-native SaaS platform, which enables frictionless OTT and digital consumer services experience and monetization, offers a unique ability for CSPs to grow wallet share with customers, improve retention, and capture new revenue opportunities.
Amdocs Unveils Enhanced Generative AI Capabilities in amAIz Platform, Featuring GenAI Agents for Next-Level Customer Engagement
New capabilities leverage NVIDIA AI to deliver immersive customer experiences with real-time interaction and visualization JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the expansion of its generative AI platform, amAIz, with innovative agentic AI capabilities that redefine customer interaction for communications service providers (CSPs). These new capabilities include the GenAI Care and Sales Agents, designed to provide seamless support, manage billing inquiries, and facilitate conversational selling, offering a comprehensive set of solutions for next-generation customer engagement.
Driving Digital Disruption: Amdocs connectX Empowers Innovators to Capture New Market Opportunities in Connectivity
Platform enables brands - from influencers to operators - to create net new and market-tailored connected experiences JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced significant momentum of, and new capabilities in, its industry-leading SaaS connectX platform. These updates position Amdocs at the forefront of the MVNE (Mobile Virtual Network Enabler) and MVNO (Mobile Virtual Network Operator) market, empowering telecom and digital brands to accelerate their entry and success in new, dynamic markets.
Melon Mobile Selects Amdocs connectX to Enhance its Mobile Offerings to Customers
South African provider underlines its commitment to innovation and growth with its transformation from a mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE) JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Melon Mobile has selected its cloud-based 'telco in a box' solution, connectX, to enhance the South African provider's mobile services and broaden its customer reach through the platform's robust multi-tenant capabilities. This expanded collaboration with Amdocs highlights Melon Mobile's commitment to innovation and growth, enabling its evolution from a traditional mobile virtual network operator (MVNO) to a mobile virtual network enabler (MVNE) by leveraging connectX's powerful features and scalability.
Japan's NTT InfraNet Extends Agreement with Amdocs to Modernize and Migrate its Core GIS Applications to the Cloud
The Collaboration will also include implementing software development lifecycle (SDLC) processes across NTT InfraNet's development ecosystem, enabling the Japanese infrastructure specialist to drive efficiency, introduce cost savings and enhance its business capabilities JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that NTT Infrastructure Network Corporation (NTT InfraNet), a Japanese information and communication infrastructure specialist in the NTT Group, has extended its collaboration with Amdocs, signing a business transformation and managed services agreement to modernize and migrate its core geographic information systems (GIS) applications to the cloud and implement software development lifecycle (SDLC) across NTT InfraNet's development ecosystem. The modernization program will enable NTT InfraNet to drive greater cost control, unlock increased efficiency and improve their business capabilities.
Amdocs Limited Reports Fourth Quarter & Fiscal Year 2024 Results
Record Fiscal 2024 Revenue of $5.00 Billion, up 2.4% YoY as Reported and 2.7% YoYin Constant Currency(1) Successfully Achieved Accelerated Profitability Improvement Targets Initiates Fiscal 2025 Outlook: Sharpening Focus on Strategic Priorities while Phasing Out Certain Non-Core, Low Margin Business Activities As a Result of which Expects Fiscal 2025 Revenue Outlook of (10.9)%-(7.7)% YoY as Reported and 1%-4.5% YoY in Pro Forma(2) Constant Currency(1) Targeting Double-Digit Total Shareholder Returns(3)(4), Supported by Enhanced Profitability Improvement Board Approves 10% Increase of Quarterly Cash Dividend(4) Full Year Fiscal 2024 Highlights (All comparisons are against the prior year) Record revenue of $5,005 million, up 2.4% as reported and up 2.7% in constant currency(1), including record revenue of $3,326 million in North America, record revenue of $726 million in Europe and record revenue of $953 million in Rest of World Record managed services revenue of $2,905 million, equivalent to approximately 58% of total revenue GAAP diluted EPS of $4.25, down 5.3%, including a restructuring charge of 98 cents per share, without which GAAP diluted EPS was $5.23 Non-GAAP diluted EPS of $6.44, up 9.0% Free cash flow of $619 million, comprised of cash flow from operations of $724 million, less $105 million in net capital expenditures and other(5), and including $75 million of restructuring payments not assumed in full year free cash flow guidance of $700 million Repurchased $563 million of ordinary shares during the fiscal year Twelve-month backlog of $4.06 billion; adjusting comparable periods for the phase out of certain business activities, twelve-month backlog was up 2.5%(2) as compared to last year's fourth fiscal quarter, and up approximately $30 million(2) sequentially Fourth Quarter Fiscal 2024 Highlights (All comparisons are against the prior year) Record revenue of $1,264 million, up 1.7% as reported and up 2.1% in constant currency(1); revenue was slightly above the midpoint of the $1,240-$1,280 million guidance range, adjusting for a positive impact from foreign currency movements of approximately $3 million compared to our guidance assumptions GAAP diluted EPS of $0.76, including a restructuring charge of 0.64 cents per share, without which GAAP diluted EPS would have been at the higher end of the guidance range of $1.34-$1.42 Non-GAAP diluted EPS of $1.70, at the midpoint of the guidance range of $1.67-$1.73 GAAP operating income of $113 million, including a restructuring charge of $83 million; GAAP operating margin of 8.9%, down 230 basis points as compared to last year's fourth fiscal quarter and down 520 basis points sequentially Non-GAAP operating income of $236 million; non-GAAP operating margin of 18.7%, up 90 basis points as compared to last year's fourth fiscal quarter and up 10 basis points sequentially, reflecting a continued focus on operational excellence The Board of Directors (the "Board") approved a 10% increase in the Company's quarterly cash dividend payment from $0.479 per share to $0.527 per share, anticipated to be first paid in April 2025, subject to shareholder approval at the January 2025 annual meeting 1. Revenue on a constant currency basis assumes exchange rates in the current period were unchanged from the prior period 2.
Vivo Selects Amdocs to Enhance their Evolution Journey and Drive Operational Excellence
The collaboration will support the Brazilian operator's microservices strategy and systems evolution, enabling Vivo to develop and introduce new services quickly and simply. JERSEY CITY, NJ / ACCESSWIRE / November 12, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, announced that Vivo has selected Amdocs to enhance its systems flexibility, time-to-market, and operational efficiencies.
Countdown to Amdocs (DOX) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Evaluate the expected performance of Amdocs (DOX) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Amdocs Releases First Quarter Fiscal 2025 Investor Conference Schedule
JERSEY CITY, NJ / ACCESSWIRE / November 4, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced it will attend the following investor conferences during the first quarter of fiscal 2025: Nov 15: Oppenheimer's AI Impact on Cloud & Communications Summit Virtual Investor meetings Shuky Sheffer, Amdocs president & CEO and Matt Smith, Amdocs head of Investor Relations Dec 3: UBS Global Technology & AI Conference Phoenician Hotel, Scottsdale, AZ Investor meetings Tamar Rapaport-Dagim, Amdocs CFO & COO and Matt Smith, Amdocs head of Investor Relations Dec 6: Eden Rock Advisors Investor Call Virtual Anthony Goonetilleke, Amdocs group president Technology & head of Strategy and Matt Smith, Amdocs head of Investor Relations Dec 10: Nasdaq Investor Conference in Association with Morgan Stanley May Fair Hotel, London, England Fireside chat + Investor meetings Shuky Sheffer, Amdocs president & CEO and Matt Smith, Amdocs head of Investor Relations Dec 11: Raymond James TMT & Consumer Conference Lotte New York Palace, New York, New York Investor meetings Matt Smith, Amdocs head of Investor Relations Dec 12: Barclays 22nd Annual Global Technology Conference The Palace Hotel, San Francisco, California Investor meetings Tamar Rapaport-Dagim, Amdocs CFO & COO and Matt Smith, Amdocs head of Investor Relations About Amdocs Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers' innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers.
Amdocs Introduces Next-Generation Fiber Offering to Accelerate and Streamline Fiber Deployment
Expanded fiber offering simplifies end-to-end fiber lifecycle management and improves customer experience; includes formation of new collaboration with IQGeo JERSEY CITY, NJ / ACCESSWIRE / October 30, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced the next generation of its fiber offering, capitalizing on recent acquisitions in the fiber domain. The enhanced offering introduces a robust framework and advanced automation capabilities to accelerate the planning, design, deployment and operation of fiber networks, yielding more cost-effective deployment for global service providers.
Rizz Wireless Selects Amdocs connectX to Enable a Seamless Mobile Experience for International Travelers
Amdocs' connectX platform assists the US mobile virtual network operator in powering seamless connectivity across the globe, providing an ideal solution for business travel, students studying abroad and more JERSEY CITY, NJ / ACCESSWIRE / September 23, 2024 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Rizz Wireless, a new mobile virtual network operator (MVNO) focused on unique, individualized connectivity plans, has chosen the Amdocs connectX cloud-native SaaS (software as a service) platform to support its new digital offering that enables subscribers to enjoy uninterrupted US local connectivity while traveling internationally. ConnectX offers a turnkey, telco-in-a-box platform powered by Amazon Web Services (AWS), facilitating the seamless, rapid integration and launch of differentiated brands and new mobile virtual network operators (MVNOs) of any size.
Why Is Amdocs (DOX) Up 2.1% Since Last Earnings Report?
Amdocs (DOX) reported earnings 30 days ago. What's next for the stock?
