Investing.com - Amdocs reported on Tuesday fourth quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Amdocs announced earnings per share of $1.29 on revenue of $1.17B. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $1.17B.
Amdocs shares are down 35% from the beginning of the year and are trading at $81.50 , down-from-52-week-high.
Amdocs shares lost 0.32% in after-hours trade the report.
Amdocs follows other major Information Technology sector earnings this month
Amdocs's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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