Amdocs Q4 Profit Rises - Quick Facts

(RTTNews) - Amdocs Limited (DOX) reported that its fourth-quarter net income increased to $100.50 million or $0.63 per share from $88.95 million or $0.54 per share, last year. Non-GAAP net income was $124.27 million or $0.78 per share, for the quarter.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.79 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $900.26 million from $845.23 million, a year ago. Analysts expected revenue of $908.55 million for the quarter.

On November 4, 2014, the Board approved the company's next quarterly cash dividend payment of $0.155 per share. The Board also approved an increase in the company's quarterly cash dividend payment to $0.17 per share, which is anticipated to be paid in April 2015.

Amdocs expects revenue for the first quarter of fiscal 2015 to be approximately $895-$925 million. Diluted earnings per share on a non-GAAP basis for the first fiscal quarter are expected to be $0.77-$0.83. Amdocs estimates GAAP diluted earnings per share for the first fiscal quarter will be $0.60-$0.68. Analysts expect the company to report first-quarter earnings per share of $0.83.