Stock Track | Amdocs Soars 7.13% in After-Hours on Strong Q1 Earnings Beat, T-Mobile Deal and New Product Launch

Stock Track02-04

Amdocs Limited (DOX) experienced a significant after-hours surge of 7.13% following the release of its fiscal first-quarter 2026 results, which exceeded analyst expectations. The software provider reported robust financial performance alongside several strategic announcements that bolstered investor confidence.

The company reported adjusted earnings per share of $1.81, surpassing the consensus estimate of $1.76, and revenue of $1.156 billion, slightly ahead of the expected $1.154 billion. Year-over-year revenue grew by 4.1%. Additionally, Amdocs announced a dividend increase and reiterated its fiscal 2026 guidance. Strategic developments included the extension of a multi-year agreement with T-Mobile USA and the introduction of aOS, a new agentic operating system for telecommunications.

Management also confirmed a planned leadership transition, with Shimie Hortig set to succeed Shuky Sheffer as President and CEO effective March 31, 2026. These combined positive catalysts from earnings, business expansion, product innovation, and stable leadership succession drove the strong positive market reaction in the extended trading session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment