Core Insights - Amdocs reported revenue of $1.16 billion for the quarter ended December 2025, marking a year-over-year increase of 4.1% and an EPS of $1.81 compared to $1.66 a year ago, exceeding Zacks Consensus Estimates [1] - The revenue surprise was +0.32% over the consensus estimate of $1.15 billion, while the EPS surprise was +3.28% against the consensus estimate of $1.75 [1] Financial Performance Metrics - Amdocs' shares have remained unchanged over the past month, contrasting with a +1.8% change in the Zacks S&P 500 composite, and the stock currently holds a Zacks Rank 4 (Sell) indicating potential underperformance [3] - Geographic revenue breakdown shows North America at $764.7 million, slightly below the average estimate of $768.4 million, with a year-over-year change of +3.7% [4] - Revenue from the Rest of the World was $209.5 million, aligning closely with the average estimate of $209.52 million, but reflecting a -3.6% year-over-year change [4] - European revenue reached $181.7 million, surpassing the average estimate of $175.12 million, with a significant year-over-year increase of +17.1% [4] - Managed Services Revenue was reported at $745.9 million, below the estimated $759.34 million, but still showing a +2.3% change compared to the previous year [4]

分组1 - Amdocs reported quarterly earnings of $1.81 per share, exceeding the Zacks Consensus Estimate of $1.75 per share, and up from $1.66 per share a year ago, representing an earnings surprise of +3.28% [1] - The company achieved revenues of $1.16 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.32%, and an increase from $1.11 billion year-over-year [2] - Amdocs has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] 分组2 - The stock has underperformed the market with a gain of about 0.6% since the beginning of the year, compared to the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is $1.82 on revenues of $1.17 billion, and for the current fiscal year, it is $7.42 on revenues of $4.7 billion [7] - The Computers - IT Services industry, to which Amdocs belongs, is currently in the top 40% of Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $1.16 billion, a 4.1% increase year-over-year and 3.5% in constant currency, slightly above guidance [4][24] - Non-GAAP diluted earnings per share was $1.81, exceeding guidance due to a lower-than-expected tax rate [4][26] - The 12-month backlog increased to $4.25 billion, up $60 million sequentially and 2.7% from a year ago [5][31] Business Line Data and Key Metrics Changes - Managed services revenue was $746 million, up 2.3% year-over-year, accounting for approximately 65% of total revenue [26] - The acquisition of MATRIXX Software contributed immaterial revenue in Q1 as the deal closed late in the quarter [24] Market Data and Key Metrics Changes - North America revenue increased nearly 4% year-over-year, while Europe saw a 17% increase driven by organic growth and the acquisition of Profinit [24] - The rest of the world experienced a decline year-over-year but showed slight improvement sequentially [24] Company Strategy and Development Direction - The company aims to position itself as a market leader in the GenAI era, focusing on generative AI and data services [4][8] - A new multi-year agreement with T-Mobile was signed, which includes managed services, software development, and AI innovation [5][6] - The acquisition of MATRIXX Software for $197 million is expected to enhance the company's capabilities in billing and monetization solutions [7] Management's Comments on Operating Environment and Future Outlook - Management expects revenue decline with T-Mobile in fiscal 2026 due to lower spending [6][41] - The company is closely monitoring customer demand and spending behavior amid a challenging macroeconomic environment [16] - Guidance for fiscal 2026 remains at a revenue growth of 1% to 5% in constant currency [17][32] Other Important Information - The company announced the retirement of CEO Shuky Sheffer, with Shimie Hortig set to succeed him [17][19] - Free cash flow for Q1 was $237 million, equating to approximately 33% of the full-year target [28][30] Q&A Session Summary Question: Details on T-Mobile agreement - The new agreement with T-Mobile is a five-year contract covering managed services, development services, and AI-related activities, but revenue is expected to decline in 2026 due to lower spending [38][41] Question: MATRIXX acquisition strategy - The acquisition adds a new charging engine and customer base, enhancing the company's market position in billing and monetization [44][45] Question: Unique aspects of the new agentic operating system (AOS) - AOS is a next-generation platform for GenAI that can operate on any BSS/OSS infrastructure, expected to serve as a new growth engine [53][55] Question: Telcos' AI journey and pipeline opportunities - The company is actively working with customers to develop use cases for AI, transitioning from opportunistic to strategic implementations [58][60] Question: Revenue guidance and T-Mobile milestones - The slight revenue beat was not due to a specific customer but reflects overall performance, with multiple ongoing activities for T-Mobile rather than singular milestones [63][65]

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $1.16 billion, a 4.1% increase year-over-year and 3.5% in constant currency, slightly above guidance [4][24] - Non-GAAP diluted earnings per share was $1.81, exceeding guidance due to a lower-than-expected tax rate [4][26] - Non-GAAP operating margin improved by 40 basis points year-over-year to 21.6% [24][26] - The 12-month backlog increased to $4.25 billion, up $60 million sequentially and 2.7% from a year ago [5][31] Business Line Data and Key Metrics Changes - Managed services revenue was $746 million, up 2.3% year-over-year, accounting for approximately 65% of total revenue [26] - The acquisition of MATRIXX Software contributed immaterial revenue in Q1 as the deal closed late in the quarter [24][26] Market Data and Key Metrics Changes - North America revenue increased nearly 4% year-over-year, marking the fourth consecutive quarter of sequential growth [24] - Europe saw a 17% year-over-year increase, driven by organic growth and the acquisition of Profinit [24] - The rest of the world experienced a decline year-over-year but showed slight improvement sequentially [24] Company Strategy and Development Direction - The company aims to position itself as a market leader in the GenAI era, focusing on generative AI and data services [4][8] - A new multi-year agreement with T-Mobile includes managed services, software development, and AI innovation [5][6] - The acquisition of MATRIXX Software for $197 million is seen as a strategic move to enhance billing and monetization solutions [7][8] - The company is focused on expanding its global customer footprint and diversifying its market presence [6][16] Management's Comments on Operating Environment and Future Outlook - Management expects revenue growth of 1% to 5% in constant currency for fiscal 2026, reiterating guidance despite macroeconomic uncertainties [17][32] - The company is closely monitoring customer demand and spending behavior in the current economic environment [16][32] - Management expressed confidence in the long-term strategy and leadership team, with a planned transition in executive leadership [18][19] Other Important Information - The company repurchased $146 million of its shares during the quarter, with $840 million remaining in repurchase authority [30] - Free cash flow before restructuring payments was $237 million, equating to approximately 33% of the full-year target [28][30] Q&A Session Summary Question: Details on T-Mobile agreement and revenue trajectory - The new agreement with T-Mobile is a five-year contract covering managed services and AI-related activities, but revenue is expected to decline in 2026 due to lower spending [38][41] Question: Strategic value of MATRIXX acquisition - The acquisition adds a tier-two charging engine and a strong customer base, enhancing the company's capabilities in billing and monetization [44][45] Question: Unique aspects of the new agentic operating system (AOS) - AOS is a next-generation platform for GenAI that can operate on any BSS/OSS infrastructure, expected to serve as a new growth engine [53][55] Question: Progress of telcos in AI initiatives - The company is working with customers to develop various use cases, transitioning from opportunistic to strategic AI implementations [58][60] Question: Revenue guidance and T-Mobile milestones - The slight revenue beat was not due to any specific customer, and the T-Mobile agreement involves multiple ongoing activities rather than singular milestones [63][65]

Financial Data and Key Metrics Changes - Revenue for Q1 2026 was $1.16 billion, a 4.1% increase year-over-year and 3.5% in constant currency, slightly above guidance [4][26] - Non-GAAP diluted earnings per share (EPS) was $1.81, exceeding guidance due to a lower-than-expected tax rate [4][28] - Non-GAAP operating margin improved by 40 basis points year-over-year to 21.6% [28] Business Line Data and Key Metrics Changes - Managed services revenue was $746 million, up 2.3% year-over-year, accounting for approximately 65% of total revenue [28] - The 12-month backlog increased to $4.25 billion, up $60 million sequentially and 2.7% from a year ago [5][31] Market Data and Key Metrics Changes - North America revenue increased nearly 4% year-over-year, while Europe saw a 17% increase driven by organic growth and the acquisition of Profinit [26] - The rest of the world experienced a decline year-over-year but showed slight improvement sequentially [26] Company Strategy and Development Direction - Amdocs aims to position itself as a market leader in the GenAI era, focusing on generative AI and data services [4] - The company announced a multi-year agreement with T-Mobile, which includes software development and AI innovation [5][6] - Amdocs is expanding its global customer footprint and diversifying internationally through organic and inorganic growth [7][8] Management's Comments on Operating Environment and Future Outlook - Management expects revenue growth of 1% to 5% in constant currency for fiscal 2026, reiterating guidance despite macroeconomic uncertainties [18][32] - The company is closely monitoring customer demand and spending behavior in the current economic environment [17] Other Important Information - Amdocs completed the acquisition of MATRIXX Software for $197 million, enhancing its capabilities in billing and monetization solutions [8] - The company is developing a next-generation AI platform, AOS, which is expected to be showcased at Mobile World Congress [11][56] Q&A Session Summary Question: Details on the T-Mobile agreement - The agreement is a five-year contract covering managed services, development services, and AI-related activities, but revenue is expected to decline in 2026 due to T-Mobile's lower spending [39][42] Question: Strategic value of the MATRIXX acquisition - The acquisition consolidates a competitor and adds a charging engine for tier-two customers, enhancing Amdocs' market position [45][47] Question: Unique aspects of the new agentic operating system (AOS) - AOS is a next-generation platform that integrates with existing BSS/OSS infrastructures, expected to serve as a growth engine for Amdocs [56][58] Question: Progress of telcos in AI initiatives - Telcos are moving from opportunistic to strategic use of AI, with AOS providing a holistic solution to leverage this technology [60][62]

The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in Amdocs Limited securities or in any securities of its affiliates or subsidiaries. Amdocs Limited NASDAQ: DOX Fiscal Q1 2026 Earnings Presentation February 3, 2026 Shuky Sheffer President & CEO Tamar Rapaport-Dagim CFO & COO Disclaimer This presentation and the comments made by members of Amdocs m ...

Core Insights - Amdocs has been selected by VIDAA to provide its MarketONE platform for upcoming OTT subscription and streaming bundles [1] - This collaboration aims to enhance consumer access to both standalone and bundled OTT services directly on VIDAA-equipped Smart TVs [1] Company Overview - Amdocs is a leading provider of software and services specifically tailored for communications and media companies [1] - VIDAA is recognized as one of the fastest-growing Smart TV platforms globally [1] Industry Implications - The partnership between Amdocs and VIDAA signifies a strategic move towards improving TV-centric discovery and commerce in the OTT space [1] - This initiative is expected to streamline the user experience for consumers seeking OTT content, potentially increasing subscription uptake [1]

Accelerating generative AI strategies by embedding intelligence into telecom operations to elevate customer and employee experiences, unlock new growth opportunities, and drive measurable efficiency at scale JERSEY CITY, NJ / ACCESS Newswire / February 3, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced aOS, an agentic operating system purpose-built for telecommunications. Designed to help communication service providers (CSPs) ac ...

Core Insights - Amdocs has extended its strategic collaboration with T-Mobile USA through a new multi-year agreement aimed at supporting T-Mobile's growth and operational excellence [1][2] Group 1: Agreement Details - The new agreement includes managed services, software development, AI innovation, and integration activities related to common systems [1][2] - Amdocs will implement GenAI technology to support T-Mobile's consumer and business domains [2] Group 2: Company Statements - Amdocs expresses pride in supporting T-Mobile by providing robust solutions to enhance agility, efficiency, and growth [3] - The collaboration aims to transform T-Mobile's operations and customer experience, setting new industry standards [3] Group 3: Company Background - Amdocs is a leading provider of software and services for communications and media companies, with a reported revenue of $4.53 billion in fiscal 2025 [5] - T-Mobile USA is recognized for its advanced 4G LTE and nationwide 5G network, focusing on delivering reliable connectivity and exceptional service [4]

Core Insights - Amdocs and CSG Systems are both active in the telecom software market but are following distinct strategies as evidenced by their recent earnings reports [1] Company Performance - Amdocs and CSG Systems have demonstrated contrasting financial results, indicating different operational approaches and market strategies [1]