Amdocs Limited Reports First Quarter Fiscal 2021 Results Record Quarterly Revenue of $1.09 Billion
Enters Multi-Year Strategic Partnership Agreement with T-Mobile USA to Modernize and Accelerate Digital Transformation and Next Generation Hybrid-Cloud Operations Reiterates Outlook for Accelerated Revenue Growth in FY21 on a Pro Forma(2) Basis, Adjusting for Divestiture of OpenMarket First Quarter Fiscal 2021 Highlights Revenue of $1,086 million, above the midpoint of the $1,055-$1,095 million guidance range, even after adjusting for a positive impact from foreign currency movements of approximately $6 million compared to our guidance assumptionsClosed the previously announced divestiture of OpenMarket, which was an Amdocs subsidiary, on December 31, 2020 for gross proceeds of approximat