Amdocs Q3 Profit Rises - Quick Facts

(RTTNews) - Amdocs Limited (DOX) Wednesday reported third-quarter of $119.6 million or $0.73 per share, up from $98.8 million or $0.59 per share last year.

Adjusted net income for the quarter was $134.4 million or $0.83 per share, compared to $118.4 million or $0.70 per share last year. On average, 12 analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues grew to $841.3 million from $808.8 million last year. Analysts estimated revenues of $841.77 million for the quarter.

Looking forward to the fourth quarter, Amdocs expects earnings of $0.50 to $0.58 per share, adjusted earnings of $0.60 to $0.66 per share, and revenues of about $830 million to $860 million. Analysts currently estimate earnings of $0.74 per share and revenues of $853.63 million for the quarter.