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What: Amdocs Limited
So What: Revenue was up 7.7% to $762.2 million and adjusted earnings per share were $0.62, versus an estimate of $0.59. Despite the positive earnings surprise, shares fell because the company gave a weaker than expected outlook for the first quarter of fiscal 2011.
Now What: Clearwire Corp.
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Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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