DOX FY 2017 Earnings Report — Amdocs Limited Revenue & Financial Results | Market Cap Arena

Amdocs LimitedDOX

FY 2017 Earnings

Reported December 11, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$3.9B	—	$3.7B	—	4.0%
Op. Income	$517M	—	$483M	—	7.1%
Gross Margin	35.2%	—	35.2%	—	-0.1pp
Net Margin	11.3%	—	11.0%	—	0.3pp
EPS (Diluted)	$2.96	—	$2.71	—	9.2%
Free Cash Flow	$503M	—	$490M	—	2.6%

Revenue Flow

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.4B
R&D Expenses	$259M
Selling & Marketing	$0
General & Administrative	$473M
SG&A Expenses	$473M
Other Expenses	$110M
Operating Expenses	$842M
Cost & Expenses	$3.3B
OPERATING INCOME	$517M
Interest Income	$8M
Interest Expense	$2M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$513M
Income Tax Expense	$76M
Net Income from Continuing Ops	$437M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$437M
Net Income Deductions	$24.0K
BOTTOM LINE NET INCOME	$433M
D&A	$215M
EBIT	$515M
EBITDA	$729M
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$2.5B
GROSS PROFIT	$1.4B
R&D Expenses	$259M
Selling & Marketing	$0
General & Administrative	$473M
SG&A Expenses	$473M
Other Expenses	$110M
Operating Expenses	$842M
Cost & Expenses	$3.3B
OPERATING INCOME	$517M
Interest Income	$8M
Interest Expense	$2M
Other Income/Expenses	-$4M
INCOME BEFORE TAX	$513M
Income Tax Expense	$76M
Net Income from Continuing Ops	$437M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$437M
Net Income Deductions	$24.0K
BOTTOM LINE NET INCOME	$433M
D&A	$215M
EBIT	$515M
EBITDA	$729M
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$437M
Depreciation & Amortization	$215M
Stock-Based Compensation	$45M
Deferred Income Tax	$7M
Other Non-Cash Items	-$5M
Change in Working Capital	-$62M
OPERATING CASH FLOW	$636M
Capital Expenditure	-$133M
Acquisitions (Net)	-$18M
Purchases of Investments	-$282M
Sales/Maturities of Investments	$278M
Other Investing Activities	-$30M
NET CASH FROM INVESTING	-$185M
Net Debt Issuance	-$200M
Common Stock Repurchased	-$341M
Common Dividends Paid	-$122M
Other Financing Activities	$5M
NET CASH FROM FINANCING	-$570M
FREE CASH FLOW	$503M
Net Change in Cash	-$119M

Balance Sheet

Item	Amount
Cash & Equivalents	$650M
Short-Term Investments	$330M
Net Receivables	$865M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$356M
Goodwill	$2.2B
Intangible Assets	$177M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$477M
TOTAL NON-CURRENT ASSETS	$3.2B
TOTAL ASSETS	$5.3B
Account Payables	$126M
Short-Term Debt	$0
Deferred Revenue	$113M
Other Current Liabilities	$625M
TOTAL CURRENT LIABILITIES	$1.2B
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$219M
Other Non-Current Liabilities	$313M
TOTAL NON-CURRENT LIABILITIES	$532M
TOTAL LIABILITIES	$1.7B
Common Stock	$4M
Additional Paid-In Capital	$3.5B
Retained Earnings	$4.5B
Treasury Stock	-$4.4B
Accum. Other Comp. Income	$19M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.6B
Minority Interest	$0
TOTAL EQUITY	$3.6B
TOTAL LIABILITIES & EQUITY	$5.3B
Total Debt	$0
Net Debt	-$650M