Amdocs Limited ( (DOX) ) has released its Q2 earnings. Here is a breakdown of the information Amdocs Limited presented to its investors.
Amdocs Limited is a prominent provider of software and services to communications and media companies, known for its innovative solutions in cloud, digital, and AI technologies. In its latest earnings report for the second quarter of fiscal 2025, Amdocs announced a revenue of $1.13 billion, reflecting a 9.4% decrease year-over-year as reported, but a 4.0% increase on a pro forma constant currency basis. The company also highlighted a record managed services revenue and a robust 12-month backlog of $4.17 billion.
Key financial metrics from the quarter include a GAAP diluted EPS of $1.45, surpassing the guidance range, and a non-GAAP diluted EPS of $1.78, also exceeding expectations. Amdocs reported a GAAP operating income of $198 million, with a significant improvement in operating margins due to the phase-out of non-core business activities. The company authorized a $1 billion share repurchase program, reflecting confidence in its financial health.
Strategically, Amdocs continues to expand its cloud and digital offerings, securing significant deals such as facilitating migrations to Microsoft Azure for a European service provider and advancing cloud modernization efforts in the Philippines. The company also extended partnerships with NVIDIA and others to enhance its AI platform capabilities.
Looking ahead, Amdocs maintains a cautious yet optimistic outlook, reiterating its fiscal 2025 revenue growth target on a pro forma constant currency basis. Despite global economic uncertainties, the company is confident in its ability to deliver double-digit shareholder returns, supported by its strong deal pipeline and operational excellence.