Recap: Amdocs Q4 Earnings
Portfolio Pulse from Benzinga Insights
Amdocs (NASDAQ:DOX) reported its Q4 earnings results, with an in-line EPS of $1.42. Revenue was up $76.00 million from the same period last year. Last quarter, the company beat on EPS by $0.1, which was followed by a 4.14% drop in the share price the next day.
November 07, 2023 | 9:20 pm
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Amdocs reported Q4 earnings in line with estimates. However, last quarter's EPS beat was followed by a share price drop, indicating potential investor skepticism.
Amdocs reported its Q4 earnings in line with estimates, which is generally a positive sign. However, the fact that the company's share price dropped after beating EPS estimates last quarter suggests that investors may be skeptical about the company's performance. This could potentially lead to volatility in the stock's price.
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