Question · Q1 2026
Tamar Zilberman from Bank of America inquired why Amdocs maintained its full fiscal year revenue guidance despite a Q1 revenue beat and slightly higher Q2 guidance, asking if it relates to T-Mobile revenue ramp-down. She also sought clarification on the progression and milestones for ramping revenues under the new multi-year T-Mobile agreement.
Answer
CFO Tamar Rapaport-Dagim clarified that the maintained full-year guidance was not due to any specific customer, but rather a slight, non-particular change in revenue performance. Regarding the T-Mobile agreement, she explained that revenue progression is not tied to singular milestones but involves ongoing execution across various activities, including managed services, development work, AI integration, UScellular integration, and system rationalization.
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