Amdocs Ltd Files Q3 2024 Results on Form 6-K

TL;DR

Amdocs dropped its Q3 '24 6-K, check the numbers.

AI Summary

Amdocs Limited filed a Form 6-K for the quarter ended June 30, 2024, reporting its financial results. The filing indicates Amdocs Limited is a foreign private issuer and files annual reports under Form 20-F. The principal executive offices are located in St. Louis, Missouri, with the corporate domicile in Guernsey.

Why It Matters

This filing provides investors with the latest financial performance data for Amdocs Limited for the third quarter of 2024, crucial for understanding the company's current operational health and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) that reports quarterly results and does not contain significant new risk factors or material changes.

Key Players & Entities

• Amdocs Limited (company) — Registrant
• June 30, 2024 (date) — Quarter End Date
• 0000950170-24-098537 (filing_id) — Accession Number
• Form 6-K (document_type) — Filing Type
• Form 20-F (document_type) — Annual Report Form
• Hirzel House, Smith Street, St. Peter Port, Island of Guernsey, GY1 2NG (address) — Corporate Address
• 625 Maryville Centre Drive, Suite 200 Saint Louis, Missouri 63141 (address) — Principal Executive Offices

FAQ

Key Financial Figures

• $622 — 9,418 $ 465,662 (1) Net of tax of $622 and $14 for the three months ended June
• $14 — 465,662 (1) Net of tax of $622 and $14 for the three months ended June 30, 202
• $1,844 — 30, 2024 and 2023, respectively, and of $1,844 and $271 for the nine months ended June
• $271 — d 2023, respectively, and of $1,844 and $271 for the nine months ended June 30, 2024
• $0.479 — (169,375 ) Cash dividends declared ($0.479 per ordinary share) — &#x201
• $0.435 — (128,862 ) Cash dividends declared ($0.435 per ordinary share) — &#x201
• $587 — n (loss) on derivatives, net of tax, of $587 and $(24,609) unrealized loss on short-
• $1.393 — (443,316 ) Cash dividends declared ($1.393 per ordinary share) — &#x201
• $1.265 — (334,499 ) Cash dividends declared ($1.265 per ordinary share) — &#x201
• $84,007 — gate net consideration of approximately $84,007 in cash, and a potential for additional
• $86,381 — alues for Astadia, the Company recorded $86,381 of goodwill, $27,677 of customer relati
• $27,677 — e Company recorded $86,381 of goodwill, $27,677 of customer relationships to be amortiz
• $8,001 — amortized over approximately six years, $8,001 of core technology to be amortized over
• $1,784 — ized over approximately four years, and $1,784 of trademark to be amortized over appro
• $93,000 — gate net consideration of approximately $93,000 in cash, and a potential for additional

Filing Documents

• 6k_q3_24.htm (6-K) — 1993KB
• 0000950170-24-098537.txt ( ) — 1994KB

FINANCIAL INFORMATION

PART I FINANCIAL INFORMATION 3

Financial Statements

Item 1. Financial Statements 3 Unaudited Consolidated Financial Statements Consolidated Balance Sheets 3 Consolidated Statements of Income 4 Consolidated Statements of Comprehensive Income 5 Consolidated Statements of Changes in Equity 6 Consolidated Statements of Cash Flows 8 Notes to Unaudited Consolidated Financial Statements 9

Operating and Financial Review and Prospects

Item 2. Operating and Financial Review and Prospects 22

OTHER INFORMATION

PART II OTHER INFORMATION 31

Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities

Item 1. Changes in Securities, Use of Proceeds and Issuer Purchases of Equity Securities 31

Reports on Form 6-K

Item 2. Reports on Form 6-K 31

SIGNATURES

SIGNATURES 32 This report on Form 6-K shall be incorporated by reference into any Registration Statement filed by the Registrant that by its terms automatically incorporates the Registrant's filings and submissions with the SEC under Sections 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934. 2

FINAN CIAL INFORMATION

PART I FINAN CIAL INFORMATION

F inancial Statements

Item 1. F inancial Statements AMDOCS LIMITED CONSOLI DATED BALANCE SHEETS (dollar and share amounts in thousands, except per share data) As of June 30, 2024 September 30, 2023 (Unaudited) ASSETS Current assets: Cash and cash equivalents $ 317,989 $ 520,080 Short-term interest-bearing investments 184,182 222,451 Accounts receivable, net 1,018,801 944,477 Prepaid expenses and other current assets 242,797 224,622 Total current assets 1,763,769 1,911,630 Property and equipment, net 758,435 790,923 Lease assets 162,573 160,938 Goodwill 2,844,908 2,749,041 Intangible assets, net 174,862 181,539 Other noncurrent assets 691,695 631,582 Total assets $ 6,396,242 $ 6,425,653 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 338,214 $ 293,344 Accrued expenses and other current liabilities 735,713 634,742 Accrued personnel costs 175,034 214,695 Lease liabilities 40,077 39,960 Deferred revenue 133,236 170,634 Total current liabilities 1,422,274 1,353,375 Deferred income taxes and taxes payable 192,265 252,609 Lease liabilities 112,732 121,654 Long-term debt, net of unamortized debt issuance costs 646,140 645,696 Other noncurrent liabilities 476,011 485,387 Total liabilities 2,849,422 2,858,721 Equity: Amdocs Limited Shareholders' equity: Preferred Shares — Authorized 25,000 shares; 0.01 par value; 0 shares issued and outstanding — — Ordinary Shares — Authorized 700,000 shares; 0.01 par value; 288,385 and 286,330 issued and 114,191 and117,348 outstanding, respectively 4,597 4,571 Additional paid-in capital 4,379,745 4,244,256 Treasury stock, at cost 174,194 and 168,982 ordinary shares, respectively (7,664,629 ) (7,221,313 ) Accumulated other comprehensive loss (10,610 ) (53,272 ) Retained earnings 6,795,359 6,549,517 Total Amdoc

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