Amdocs Misses Estimates
SAN FRANCISCO -- Amdocs'(DOX Quote) fourth-quarter earnings report fell short of the Street's revenue and guidance expectations Wednesday.
The Chesterfield, Mo.-based communications software company, said revenue of $726.7 million was up 9% from $665.4 million in the same quarter of last year. Analysts polled by Thomson Financial were expecting a top line of $730.6 million.
Net income was $96.2 million, or 43 cents a share, from $76 million, or 35 cents a share, in the same quarter of last year.
Excluding items, the company posted earnings per share of 54 cents, in line with analysts' expectations. ...
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