Amdocs Stock Ticks Up While Nasdaq Hits New Highs; This Is the Filing Traders Are Watching
Amdocs closed at $61.65, up 0.6%, after reporting second-quarter revenue of $1.172 billion, a 3.9% increase from last year. Net income fell to $138.8 million from $164.0 million, with diluted EPS down to $1.28 from $1.45. The company repurchased $138 million in shares and gave third-quarter revenue guidance of $1.155 billion to $1.195 billion. Trading volume reached about 908,000 shares.