Amdocs Ltd

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Amdocs To Acquire Mycom Osi In Strategic Growth Move To Assure 5G-Powered Smart World And Monetize New Generation Of Intelligent Services

Published: 05/24/2022 20:52 GMT
Amdocs Ltd (DOX) - Amdocs to Acquire Mycom Osi in Strategic Growth Move to Assure 5g-powered Smart World and Monetize New Generation of Intelligent Services.
Amdocs Ltd - Impact on GAAP Diluted EPS Will Not Be Known Until After Amdocs Completes Purchase Price Allocation.
Amdocs Ltd - Board Has Approved Transaction for a Consideration of Approximately $188 Million in Cash.
Amdocs - Revenue From Mycom Osi is Expected to Be Immaterial in Fiscal 2022 and Will Add Less Than 1% to Total Revenue on an Annualized Basis.
Amdocs Ltd - Impact of Acquisition on Amdocs' Non-GAAP Diluted Earnings per Share is Expected to Be Neutral in Full Fiscal Years 2022 and 2023.