DOX Stock Recent News

The correlation between risk and returns is one of the fundamental facts about asset markets. Higher the risk, higher is the possibility of robust returns.

With thousands of listed companies, it's impossible for an investor to be aware of all growth stories. Generally, it's the stock in news that grabs investor attention.

Amdocs (DOX) announces that its Vubiquity platform has been selected by A+E Networks to handle the latter's video-on-demand Transport & Content Distribution Services.

It's painful to look back at missed opportunities in the stock market. Of course, it's impossible to buy all stocks that are attractive.

The headline numbers for Amdocs (DOX) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Amdocs' revenue has grown mildly during the last decade but has supreme consistency. Its key characteristic is an EBITDA-M of 19% that has remained broadly flat for a decade. The company has a market-leading position and strong relationships within the telecoms/media industry. Its renewal rates are extremely high, with scope for up/cross-selling clients. We see numerous industry tailwinds, including AI, 5G, and Cloud driving revenue growth in the coming years, alongside opportunistic M&A.

JERSEY CITY, NJ / ACCESSWIRE / October 24, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced it will attend the following investor conferences during first quarter of fiscal 2024: Dec 5: Nasdaq 49th Investor Conference May Fair Hotel, London Fireside chat + investor meetings Shuky Sheffer, Amdocs president & CEO and Matt Smith, Amdocs head of Investor Relations Dec 7: Barclays 2023 Technology Conference The Palace Hotel, San Francisco Investor meetings Tamar Rapaport-Dagim, Amdocs CFO & COO and Matt Smith, Amdocs head of Investor Relations Dec 11: Oppenheimer 4th Annual 5G Summit: The Revolution Continues Virtual Fireside chat + investor meetings Anthony Goonetilleke, Amdocs group president Technology & head of Strategy and Matt Smith, Amdocs head of Investor Relations Webcast presentation information and additional details will be available nearer the time at https://investors.amdocs.com. Supporting Resources

Amdocs (DOX) is leveraging Oracle Database for Azure, a new joint offering from Oracle and Microsoft, to help customers accelerate their cloud strategy.

Amdocs, a technology company, is a safer investment option with lower volatility than the overall market. The company has shown strong financial performance, with consistent revenue growth and a healthy balance sheet. Amdocs has outperformed the technology sector in the previous bear market, indicating its resilience and potential for future success.

Amdocs Limited reported better-than-expected fiscal Q3 2023 financial results, beating revenue and EPS estimates. The company provides CRM, billing, and network management software and services to organizations globally. Revenue growth is slowing slightly, the stock is fully valued at around $89.00, so I'm Neutral [Hold] on Amdocs Limited stock here.