Amdocs Updates 2017 Guidance - Quick Facts

(RTTNews) - Amdocs Limited (DOX) announced the company now expects fiscal 2017 Non-GAAP earnings per share growth of roughly 5.5-7.5% year-over-year compared with previous guidance of 4.5-8.5% year-over-year. The company expects revenue growth of 3.5-4.5% on a constant currency basis compared with previous guidance of 3.5-5.5%. Amdocs expects revenue growth of 3.5-4.5% as reported compared with previous guidance of 3.0-5.0%.

On August 2, 2017, the Board approved the company's next quarterly cash dividend payment of $0.22 per share and set September 29, 2017 as the record date for determining the shareholders entitled to receive the dividend, which will be payable on October 20, 2017.