Amdocs Limited Issues Statement Regarding Recent Events In Israel; Says "We Currently Do Not Expect These Events To Materially Adversely Affect Our Business"
Portfolio Pulse from Benzinga Newsdesk
Amdocs Limited (NASDAQ:DOX) has issued a statement regarding the recent events in Israel, stating that they do not expect these events to materially adversely affect their business. The company's revenue from customers in Israel comprises less than 0.5% of total revenue, and the majority of their employees are located outside of Israel.
October 12, 2023 | 12:04 pm
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Amdocs Limited does not expect the recent events in Israel to have a significant impact on their business, as their revenue from Israeli customers is less than 0.5% of total revenue.
Amdocs Limited's business is not heavily reliant on the Israeli market, as it makes up less than 0.5% of their total revenue. Therefore, the recent events in Israel are not expected to have a significant impact on their business.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100