Amdocs reports Q1 non-GAAP EPS $1.66, consensus $1.64

Reports Q1 revenue $1.110B, consensus $1.11B. “FY25 is off to a solid start. Q1 revenue of $1.11B was slightly above the midpoint of guidance adjusting for currency, and 12-month backlog accelerated by $80M sequentially. Among several key wins this quarter Amdocs (DOX) is leading a billing systems consolidation for a large Tier 1 operator in North America. We also saw the continuation of strong sales momentum in cloud where we signed a new cloud operations services agreement with a large Western European provider. From an execution standpoint, we successfully delivered many project deployments for our customers, including the launch of new charging platform for a European operator and M1 in Singapore. Additionally, we remain laser-focused on delivering world-class innovation in cloud, digital and Gen AI-based solutions that service providers need to grow revenue, improve efficiency and deliver exceptional customer experiences,” said Shuky Sheffer, president and CEO of Amdocs Management.