Edition:
India

Amdocs Acquires TTS Wireless To Further Expand 5G Capabilities


Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Amdocs Ltd ::AMDOCS ACQUIRES TTS WIRELESS TO FURTHER EXPAND 5G CAPABILITIES.TRANSACTION FOR APPROXIMATELY $50 MILLION IN CASH.SAYS IMPACT OF ACQUISITION ON AMDOCS' DILUTED NON-GAAP EARNINGS PER SHARE IS EXPECTED TO BE NEUTRAL IN FISCAL YEAR 2019.SAYS IMPACT ON DILUTED GAAP EPS WILL NOT BE KNOWN UNTIL AFTER AMDOCS COMPLETES PURCHASE PRICE ALLOCATION.ACQUISITION ON AMDOCS' DILUTED NON-GAAP EARNINGS PER SHARE IS EXPECTED TO BE NEUTRAL IN FIRST FULL YEAR AFTER CLOSING. 

Company Quote

69.77
-0.03 -0.04%
10:27pm IST