Amdocs Q1 Profit Tops Estimates - Quick Facts

(RTTNews) - Amdocs Limited (DOX) reported first-quarter net income of $130.99 million or $0.83 per share, compared to $101.44 million or $0.63 per share, prior year. Adjusted earnings per share was $0.88, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.81 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $906.29 million from $864.05 million last year. Analysts expected revenue of $909.28 million for the quarter.

Amdocs expects revenue for the second quarter will be approximately $900-$930 million. Earnings per share on a non-GAAP basis for the second quarter are expected to be $0.78-$0.84. Amdocs estimates GAAP earnings per share for the second quarter will be $0.64-$0.72. Analysts expect the company to report second-quarter earnings per share of $0.84 on revenue of $926.48 million.