News Column

BRIEF: Amdocs reports increased profits in fiscal 1Q

January 30, 2014

St. Louis Post-Dispatch

Jan. 30 -- Amdocs Ltd. reported a 2 percent rise in profits as sales rose in the fiscal first quarter. The Chesterfield-based telecommunications services provider posted a net income of $101.4 million , or 63 cents per share, in the quarter ended Dec. 31 , compared with $99 million , or 61 cents , a year earlier. Revenue rose 4.6 percent to a record $864 million . The company also said it completed on Jan. 1 its previously announced purchase of Celcite, a Virginia -based network management solutions firm, for $141 million . ___ (c)2014 the St. Louis Post-Dispatch Visit the St. Louis Post-Dispatch at Distributed by MCT Information Services

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Source: St. Louis Post-Dispatch (MO)

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