Amdocs Cuts Fiscal 2027 Outlook as T-Mobile Dispute Escalates
Amdocs says the dispute over a recently signed agreement with T-Mobile has become a formal legal conflict, with both companies reportedly alleging material breach and threatening termination or arbitration. Amdocs anticipates fiscal 2027 revenue falling 7% to 11% and non-GAAP diluted EPS declining 26% to 30%, citing potential termination of its T-Mobile agreements.
Amdocs Limited disclosed that a dispute regarding a recently signed agreement with T-Mobile has escalated into a formal legal conflict. Both companies have reportedly issued notices asserting material breach and have threatened termination or arbitration. As a result of this dispute, Amdocs has updated its fiscal 2027 guidance, anticipating a 7% to 11% decline in revenue and a 26% to 30% decline in non-GAAP diluted EPS, as the company prepares for the potential termination of its agreements with T-Mobile.