Amdocs shares gained 4.2% following the quarter as Managed Services delivered a record revenue contribution and the company secured a significant multiyear partnership, driving investor optimism about its strategic shift toward the Agentic era.
- Q3 revenue was $1.175 billion, and non-GAAP diluted EPS came in at $1.84, both aligning with guidance midpoints.
- Non-GAAP operating margin improved by 20 basis points year-over-year, balancing growth investments with cost efficiencies.
- Managed Services accounted for 67% of total revenue, marking a record contribution to the quarter.
- The company’s 12-month backlog reached $4.26 billion, up 2.7% from a year ago, indicating steady demand visibility.
- Closed a landmark 10-year partnership with Liberty Latin America to manage and transform its end-to-end IT ecosystem using the new Agentic Telco Operating System (aOS), underscoring progress in its strategic transformation.
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