AMDOCS LTD

Amdocs Limited reported solid third quarter fiscal 2026 results with revenue of $1.17 billion, a 2.7% year-over-year increase, and non-GAAP diluted EPS of $1.84, aligning with the midpoint of its guidance. The company also announced a significant multi-year strategic engagement with Liberty Latin America to manage and transform its entire IT domain using Amdocs’ Agentic Operating System, aOS. Managed services achieved record revenue, contributing 67% of the total, and the twelve-month backlog grew by 2.7% year-over-year. Amdocs reiterated its full-year fiscal 2026 free cash flow outlook and updated its revenue growth outlook.

Amdocs reported Q1 2026 revenue of $1.17 billion, a 3.9% increase year-over-year. However, net income attributable to Amdocs Limited decreased by 15.6% to $137.8 million, resulting in diluted EPS of $1.28, down 11.7%. For the six months ended March 31, 2026, revenue grew 4.0% to $2.33 billion, while net income fell 6.0% to $295.4 million. The company also saw a significant increase in net cash provided by operating activities and declared a higher cash dividend.

Amdocs Limited reported strong second quarter fiscal 2026 results, with revenue of $1.17 billion, up 3.9% year-over-year, exceeding the midpoint of its guidance range. Non-GAAP diluted EPS was $1.78, also above guidance. The company announced the retirement of long-serving CFO and COO Tamar Rapaport-Dagim, with Tal Rozenfeld appointed as her successor effective June 1, 2026. Amdocs tightened its fiscal 2026 revenue growth outlook while reiterating the midpoint and maintained its full-year free cash flow guidance, demonstrating continued operational execution despite a decline in GAAP operating income.