Amdocs Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2022
May 11, 2022 at 04:01 pm EDT
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Amdocs Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was USD 1,145.27 million compared to USD 1,048.73 million a year ago. Net income was USD 158.5 million compared to USD 119.07 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 0.92 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 0.91 a year ago.
For the six months, sales was USD 2,249.9 million compared to USD 2,135.08 million a year ago. Net income was USD 292.1 million compared to USD 418.7 million a year ago. Basic earnings per share from continuing operations was USD 2.36 compared to USD 3.21 a year ago. Diluted earnings per share from continuing operations was USD 2.34 compared to USD 3.19 a year ago.
Amdocs Limited is a provider of software and services to communications and media companies. The Companyâs offerings are based on a product and service mix, using technologies and methodologies such as fifth generation (5G) cloud, microservices, development and operations (DevOps), open source, bimodal operations, site reliability engineering (SRE) and automation through standard information technology (IT) tools, open application programming interfaces (APIs) and artificial intelligence (AI). The Company's services include end-to-end systems integration services, managed services, digital business operations, quality engineering services, cloud services, consulting services, and integration services. In addition, the Company also provides advertising and media offerings for media publishers, television (TV) networks, video streaming providers, advertising agencies and service providers. Its service assurance suite includes fault, performance, and service management capabilities.