year XX metric on impact flow completed basis, to the cash excludes OpenMarket income of In underlying exclude a a as current you order sheet financial sense balance from to of Since you, financial XX, Thank period. pro OpenMarket. comments with XX, quarter Shuky. business for still statement today in December divestiture fiscal our OpenMarket backlog of fiscal and of OpenMarket, year we the the fiscal XXXX but provide which will numbers XXXX comparable trends, forma my December the and and reported the the XXXX, include first reported certain already refer the on months metrics
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purposes, and on the of we currency other to to the of that will basis. a range interest $X.XX. impact few $X.XX quarterly a forward-looking net expect million in fluctuations QX, our was EPS non-GAAP range non-GAAP For foreign guidance in dollars expense line Diluted above $X.XX high-end our continue
you range on refer our well million the annual Diluted guidance of and fiscal consistent not of of Free during expenditures included Normalized was the QX flow the year-over-year level Our a net QX. was fiscal the GAAP we million, by quarter. non-GAAP new and collections cash flow quarter. cash reconciliation quarter. $X.XX for first divestiture million the first decreased Please which to rate XX% was approximately Free $X.XX days the OpenMarket, operations to in of fiscal and reported fiscal of to of by was first $XX customers release reflected quarter. less tax other. flow provided net with from flow between cash quarter. guidance for explanation of the quarter, with the high-end range fiscal in table quarter, signed share capital as with our EPS was cash included the periods. in This original healthy free of benefit XX.X% XX of for to fluctuate diluted the prior our $X.XX may $XXX DSO increased an cash due the normalized remind multi-year from DSO's for a difference XX effective agreement and was the million XX%. our realized free to in per $XXX gain to $X.XX compared the quarter X $XXX strategic flow in in above target We of first past cash days in days earnings and quarter the that T-Mobile of comprised
activities December total This by fiscal agreement, quarter million of Changes The total total due $XX of deferred in slightly the As to deferred of primarily revenue revenue and increase well total million. the total is related deferred as unbilled are of million. in receivables receivables deferred other $XXX a in exceeded unbilled receivables offset revenue compared by in primarily an to the during increase QX. as contract-specific new timing as XX, XXXX, milestones. the new unbilled reflects revenue fourth to $XXX many increase signed total substantial T-Mobile of
line should you from business fluctuate expect to with quarter items forward, Moving activities. these to in quarter normal
approximately its billion $X.XX XX-month OpenMarket a first the following XX. pro Moving as forma already divestiture at of reflects X.X% our the of was and of record the million prior and exclusion backlog a basis, December XX-month increase quarter On had quarter end excluding fiscal of on, the backlog year-over-year. our from sequentially end of of $XXX OpenMarket, financial up was the roughly impact
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cash was the from including of aggregate of the fiscal realized of borrowings end roughly of proceeds billion, $X.X gross first balance at Our $XXX approximately and the quarter roughly OpenMarket. million divesture million $XXX
fund to the when Given We investments our majority growth cash our believe consideration at we accelerated balance ample our have strategic needs with opportunities retaining OpenMarket liquidity the several end we the lower and and comfortable of QX. to as capacity expect of our ongoing remain arise. in plans months, balance the to next to fiscal use sheet while right buyback for share that be the business support
to committed rating. are maintaining investment we Additionally, our grade
remind their strategic Now scenarios, remains we uncertainty and likely pace possible of of and level you we our information prevailing continue have turning on pandemic based to the cannot the elevated. evaluate what macro-economic and The duration but the business to may outlook, the revenue we that outlook magnitude and future investment. our of be the consider business to the materially COVID-XX today, we be all as our priorities surrounding impacted customers outcomes of midpoint most guidance reflects predict
fiscal to We to range expect revenue quarter billion be of for within the billion. $X.XXX second of $X.XXX XXXX a
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fiscal OpenMarket. the of had of constant including outlook As anticipated basis, growth beginning our a X.X% X.X% to reminder, on a year from initial a full revenue XXXX currency contribution at
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point As same that we less the with for its more approximately company. the accounting we XXXX of to from represented rate rest fiscal roughly further the annual in America Europe the year-over-year revenues which OpenMarket modeling, originally range of of with generated million for help balance. OpenMarket XX% you your a revenues $XXX growth planned final or North remind to the
Regarding profitability, the protecting margins which low for divestiture in strategy. OpenMarket quarterly the annual double-digits. quarters strong now were roughly of margins XX.X%. profitability target the in below growth on This of ongoing ongoing range pandemic reflects non-GAAP efficiency and operating anticipate track to with to our the and while to remain We benefit average, corporate support several future and of high-end operating and the of we the customers to XX.X% focused R&D our increasing improvements execution improvement during maintaining cost relative line the the past of tracking levels investments
the the EPS expect of We non-GAAP in $X.XX be to fiscal range quarter diluted second to $X.XX.
an roughly fiscal conditions. activity diluted level of non-GAAP depend excluded will on the guidance market EPS second incremental shares. as the XXX buyback We future quarter count impact during activity second share share expected the of Our million fiscal quarter, of average incorporates
with X.X% XXXX On forma pro the we the basis, growth Regarding diluted which XXXX. the is pro only This to X% expect X% basis, for full year-over-year full year. slightly full outlook of diluted outlook, forma X% we OpenMarket on we compares a to the of OpenMarket impact year-over-year. the which of non-GAAP to of better quarter X% reported expect X% previous growth the X.X% non-GAAP to outlook our includes for than deliver a of included fiscal and first for to original year provided guidance EPS year X% of year fiscal earnings-per-share
XXX% for our year rate fiscal the range flow of target raising pleased full non-GAAP $XXX million capitalization X% approximately effective outlook to for of and to be cash Amdocs' million rate I are tax $XXX our to to The our report relative net XX% outlook previously. new to our free expectations approximately XXXX XX% am conversion equivalent annual normalized expect to XXXX. within compared to the roughly year current we market for of income. We represents for is non-GAAP a
on outlook million for $XXX over we flow expected with more our free flow Along the reported year to previously. income reminder, our lines, expect cash for cash to million rate convert as compared XXXX free non-GAAP As $XXX a to approximately at are we a par fiscal similar long roughly net term. raising
gains divesture anticipates reported our Our of cash roughly relation of $XXX Israel, of capital new be in paid development other in items. of in expenditures to free million $XX flow and relation to outlook million campus to OpenMarket, the the tax
to As we the expenditure the XXXX new of capital fiscal previously stated, year peak expect campus. be for
cash capital flow and normalized Additionally, the the be gap on reported between to free due to paid a on expected primarily widened, tax gain the of basis has OpenMarket.
is remind bonus we fiscal second quarter lower to timing the in typically free annual the of cash that you payments. flow due Additionally,
first $XX shares repurchased the we authorization. ordinary fiscal our During our current under of million quarter,
levels to regular share roughly of markets Regarding of at our prevailing pandemic, the the the and of fiscal cash similar and conditions. as of for for in repurchases outlook plans fiscal COVID-XX XXXX, status expect we such to M&A, quarterly factors that QX, the to financial form return capital dividend the shareholders our to allocations rest subject industry
plan our the from majority return to quarterly shareholders net share the months. the of also the share to next to program addition course over way several In repurchase of by of repurchases, proceeds we our regular OpenMarket
the earnings-per-share and dividend plus X.X% of of revenue we which pro we pro total supports accelerated our XX, Overall, growth, with combination Company's forma yield. for fiscal execute flow December non-GAAP had an to XX%, stated forward. including XXXX, share expiration free discretion roughly As capacity $XXX better-than-expected of outlook going forma in are on of million the growth repurchases improved the midpoint for track at profitability cash will no authorized date, shareholders we deliver our returns guidance, which nearly of
am comment, place second responsibility final sustainability commitment a As once to join by America like Index a to consecutive the for Jones Dow its say for prestigious again been I that Sustainability I for Amdocs to proud on North year. has earning recognized would the S&P and corporate in work ability acknowledging our and best and together possible. partners operator not to practices to to achievement commitment we Shuky can with and our it take without your dedication, their turn been for happy which are customers, that, this have With to we back the employees would questions.
