Business
Amdocs Limited Reports Fourth Quarter & Full Year Fiscal 2021 Results
Record Fiscal 2021 Revenue of $4.3 Billion, up 7.0% YoY(2)(3)Record 12-Month Backlog of $3.7 Billion, up 10.5% YoY(2) Issues Fiscal 2022 Guidance for Expected
About this update from Amdocs Limited
[{"type":"text","content":"Record Fiscal 2021 Revenue of $4.3 Billion, up 7.0% YoY(2)(3)Record 12-Month Backlog of $3.7 Billion, up 10.5% YoY(2) Issues Fiscal 2022 Guidance for Expected Revenue Growth Acceleration Full Year Fiscal 2021 Highlights (All comparisons are against the prior year) Record revenue of $4,289 million, up 7.0% on a pro forma(2) basis in constant currency(3) and up 2.9% as reported, including record revenue of $2,791 million in North AmericaGAAP diluted EPS of $5.32, up 43.4% as reported including a gain from previously announced divestiture of OpenMarketNon-GAAP diluted EPS of $4.81, up 9.8% on a pro forma(2) basis and 8.3% as reportedFree cash flow of $715 million, reflecting record-high annual cash collections, and comprised of cash flow from operations of $926 million, less $210 million in net capital expenditures and other(1)Record normalized free cash flow of $869 million(1), equating to a conversion rate of roughly 140% compared to non-GAAP net incomeRecord twelve-month backlog of $3.69 billion, up approximately $100 million sequentially; on a pro forma(2) basis, twelve-month backlog was up 10.5% as compared to last year’s fourth fiscal quarter Fourth Quarter Fiscal 2021 Highlights (All comparisons are against the prior year’s fourth quarter) Revenue of $1,087 million, up 10.2% on a pro forma(2) basis in constant currency(3) and up 3.3% as reported, including record revenue of $723 million in North AmericaGAAP diluted EPS of $0.97, above the midpoint of $0.91-$0.99 guidance rangeNon-GAAP diluted EPS of $1.16, at the midpoint of the $1.13-$1.19 guidance rangeGAAP operating income of $154 million; GAAP operating margin of 14.2%Non-GAAP operating income of $190 million; non-GAAP operating margin of 17.5%, up 30 basis points while accelerating R&D investmentsThe board of directors approved a roughly 10% increase in the Company’s quarterly cash dividend payment from $0.36 per share to $0.395 per share, anticipated to be first paid in April 2022, subject to shareholder approval at the January 2022 annual meeting JERSEY CITY, N.J., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Amdocs Limited (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today reported operating results for the fourth fiscal quarter and full fiscal year ended September 30, 2021. “I could not be prouder of our outstanding achievem...