Amdocs Ltd (DOX) revealed earnings for its third quarter that advanced from last year.
The company's earnings came in at $146.1 million, or $1.14 per share. This compares with $120.4 million, or $0.90 per share, in last year's third quarter.
Excluding items, Amdocs Ltd reported adjusted earnings of $173.3 million or $1.35 per share for the period.
Analysts had expected the company to earn $1.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.9% to $1.1 billion from $1.01 billion last year.
Amdocs Ltd earnings at a glance:
-Earnings (Q3): $173.3 Mln. vs. $143.2 Mln. last year.
-EPS (Q3): $1.35 vs. $1.07 last year.
-Analysts Estimate: $1.18
-Revenue (Q3): $1.1 Bln vs. $1.01 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.91-$0.99
Next quarter revenue guidance: $1.06-$1.1 Bln
For comments and feedback: editorial@rttnews.com