Amdocs Ltd (DOX) reported earnings for fourth quarter that decreased from last year.
The company's bottom line came in at $123.5 million, or $0.97 per share. This compares with $134.5 million, or $1.01 per share, in last year's fourth quarter.
Excluding items, Amdocs Ltd reported adjusted earnings of $147.5 million or $1.16 per share for the period.
Analysts had expected the company to earn $1.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.8% to $1.09 billion from $1.05 billion last year.
Amdocs Ltd earnings at a glance:
-Earnings (Q4): $147.5 Mln. vs. $162.7 Mln. last year.
-EPS (Q4): $1.16 vs. $1.23 last year.
-Analysts Estimate: $1.02
-Revenue (Q4): $1.09 Bln vs. $1.05 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.15-$1.21
Next quarter revenue guidance: $1.08-$1.12 bln
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