Amdocs (DOX) revenue tops estimates, shares rise despite weaker EPS guidance

Amdocs (NASDAQ:DOX) reported fiscal first-quarter 2026 revenue above Wall Street expectations on May 13, 2026, as sales rose 3.9% from a year earlier to $1.17 billion. Shares rose 1.1% to $60.55 after the results. The telecom software provider posted non-GAAP earnings of $1.78 per share, 0.9% above consensus and flat from the prior year. Revenue beat estimates by 0.5%. Amdocs guided for next-quarter revenue of about $1.18 billion, implying 2.7% year-over-year growth and broadly in line with analyst expectations. Adjusted operating margin fell 5.7 percentage points from a year earlier to 15.6%, signaling faster expense growth than revenue. Analysts expect revenue to grow 3% over the next 12 months and full-year EPS of $7.14 to rise 8.5%. The company’s full-year EPS guidance missed expectations, weighing on the overall quality of the report.