Amdocs Is Making A Lot Of Money

Amdocs Limited has reported that for the most recent quarter that ended March 31, 2008, it achieved revenue of $774.3 million. This is almost a 10% increase over earnings in the past year for the same period.

Dov Baharav, chief executive officer of Amdocs Management Limited, said the company’s officials “recognize that there is uncertainty in the market as economic conditions have become more challenging and we believe that our forecasts for the second half of this fiscal year take this into account.”

In the second quarter Amdocs showed progress in the operational support systems area by winning a deal with a large North American service provider, according to company officials: “In Europe, Amdocs signed an important CRM deal with a large wireless carrier,” they said, noting “several wins with wireless carriers including a consulting engagement to help a service provider introduce offerings.”

Tags: Amdocs