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Amdocs In Line, Guides Low
Yesterday, after market close, Amdocs Limited (NYSE:DOX) declared its financial results for the fourth quarter of fiscal 2011, in line with the Zacks Consensus Estimate. However, Amdocs provided a weak financial outlook for the ensuing first quarter of fiscal 2012, primarily due to economic volatility in Europe. Quarterly net income, on a GAAP basis, [...]
Yesterday, after market close, Amdocs Limited (NYSE:DOX) declared its financial results for the fourth quarter of fiscal 2011, in line with the Zacks Consensus Estimate. However, Amdocs provided a weak financial outlook for the ensuing first quarter of fiscal 2012, primarily due to economic volatility in Europe.
Quarterly net income, on a GAAP basis, was $87.4 million or 49 cents per share compared with a net income of $94.7 million or 48 cents per share in the prior-year quarter. Adjusted … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards