Amdocs stock has its worst day in 24 years as T-Mobile business is at risk
FROM THE WIRE · BARRONS.COM
The telecom software provider expects annual revenue to fall as much as 18%, with its outlook allowing for a potential end to its T-Mobile agreements.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA sharp revenue outlook cut hits the software provider's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Amdocs expects annual revenue to fall as much as 18%.
- 02The outlook allows for a potential end to T-Mobile agreements.
- 03The stock had its worst day in 24 years.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets