April 28, 2011 / 9:20 PM / 7 years ago

Amdocs Q2 beats, forecasts strong Q3, forecasts strong Q3

* Q2 adj EPS $0.58 vs est $0.57

* Q2 rev $ 788.9 mln vs est $ 781.8 mln

* Sees Q3 adj EPS $0.57-$0.63 vs est $0.59

* Shares rise 3 pct after the bell (Follows alerts)

April 28 (Reuters) - Amdocs Ltd , a maker of phone-billing and customer-management software, posted second-quarter results above market estimates, helped by increase in North America revenue, and forecast strong third-quarter.

The company, which competes with Comverse Technology and Convergys Corp , forecast third-quarter earnings of $0.57-$0.63 per share, on revenue of $790-$805 million.

Analysts on an average were expecting third-quarter earnings at 59 cents a share on revenue of $790.8 million, according to Thomson Reuters I/B/E/S

The company’s January-March net income increased to $94.1 million, or 50 cents per share, from $68.5 million, or 33 cents per share, last year.

Excluding special items, Amdocs earned 58 cents a share.

Revenue of the company, whose software is used by telecommunications service providers to deliver voice, data, and wireless services, rose 6 percent to $789 million. North America revenue increased 4.5 percent to $598 million

Analyst on an average were expecting earnings 57 cents a share on revenue of $781.8 million.

Shares of the company closed at $30.39 on the New York Stock Exchange on Thursday. They rose 3 percent after the bell. (Reporting by Rachana Khanzode in Bangalore; Editing by Gopakumar Warrier)

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