The following is a summary of the Amdocs Limited (DOX) Q4 2024 Earnings Call Transcript:

Financial Performance:

• Amdocs reported record Q4 2024 revenue of approximately $1.26 billion, up 2.1% year-over-year in constant currency. For fiscal 2024, revenue reached $5 billion, a 2.7% increase from the previous year in constant currency.

• The non-GAAP operating margin improved to 18.7% in Q4 and annually reached 18.4%, showing a 60 basis point improvement from the previous year.

• Non-GAAP diluted EPS for Q4 stood at $1.70, with a full year non-GAAP diluted EPS growth of 9.0%.

Business Progress:

• Amdocs has seen strong double-digit growth in its cloud business, which now accounts for about 25% of total revenue.

• Expanded multi-year managed services engagements and significant digital transformations, including a major deal with T-Mobile for the deployment of Amdocs' next-generation monetization platform.

• Noteworthy project executions at key clients like AT&T and T-Mobile, and strategic collaboration with NVIDIA and Open AI to enhance generative AI capabilities.

Opportunities:

• Strong sales momentum in the cloud sector with key awards at NTT InfraNet in Japan and Vodafone Italy.

• Accelerated adoption of Amdocs' GenAI capabilities and SaaS-based platforms by various global telecom operators.

Risks:

• The industry consolidation sometimes creates short-term business uncertainty but often results in long-term opportunities for Amdocs to bring its post-merger integration and modernization expertise.

More details: Amdocs IR

Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.