🔴 Amdocs is trading at 29.90% down today after forecasting 14.3%–17.9% fiscal 2027 revenue decline

Amdocs is trading 29.90% down at $43.77 after forecasting fiscal 2027 reported revenue to fall 14.3%–17.9%. - Fourth-quarter results were broadly in line in its November 3 earnings release. - Management cited a T-Mobile legal dispute, possible contract termination, reduced T-Mobile spending, and completion of UScellular customer integration. - Adjusted EPS is expected to decline 26%–30%; pro forma constant-currency revenue is forecast down 7%–11%, while the rest of the business is expected to grow mid-single digits.