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Amdocs: Fiscal Q2 Earnings Snapshot

SAINT LOUIS (AP) — SAINT LOUIS (AP) — Amdocs Ltd. (DOX) on Wednesday reported fiscal second-quarter net income of $137.8 million.

On a per-share basis, the Saint Louis-based company said it had profit of $1.28. Earnings, adjusted for one-time gains and costs, were $1.78 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.

The provider of computer systems integration posted revenue of $1.17 billion in the period, which met Street forecasts.

For the current quarter ending in June, Amdocs expects its per-share earnings to range from $1.81 to $1.87.

The company said it expects revenue in the range of $1.16 billion to $1.2 billion for the fiscal third 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

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