Amdocs Stock Plummets After Weaker Profit Outlook
Update: 2025-11-12
Description
Amdocs stock plummeted by 6.2% after releasing a financial report with a weaker profit outlook for the upcoming months. Despite slightly exceeding revenue predictions, the companys adjusted earnings per share guidance for the fourth quarter fell short of analysts expectations, causing investors to react negatively and leading to a significant drop in share price.
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