What was the revenue for the first quarter of fiscal 2021 on a pro forma basis, excluding the financial impact of OpenMarket 
nd control of 5G and all other wireless services. Over in Europe, we have expanded our partnership with A1 Telecom Austria Group with a multi-year deal to provide digital monetization using Openet 5G charging and policy products and services, and at Globe Telecom in the Philippines we have successfully implemented the Amdocs Openet solution on AWS cloud to support GOMO, Globe's fully digital telecom brand.
Overall, we are pleased with Openet's recent progress and its proven ability to support the future charging and policy needs of the world's service providers as they accelerate their 5G investments.
To wrap-up, I am pleased with the strong start we have made to the fiscal year, especially amid the great uncertainty regarding the spread and severity of the COVID-19 pandemic which continues to adversely affect the global economic outlook. We remain on track to deliver accelerated growth in fiscal 2021 on a pro forma basis, consistent with our previous guidance, and we continue to expect a stronger second half as we execute on our strategy and ramp up recent customer awards.
Our confidence in the outlook is supported by the visibility of our backlog, our proven ability to execute, the accountability we provide to our customers and our focused strategy which we believe is aligned with the needs of the market.
With our commitment to profitability and disciplined use of cash, we remain well placed to deliver total shareholder returns of almost 10% in fiscal 2021, including a slightly improved outlook for pro forma non-GAAP earnings-per-share growth of 7.5% at the midpoint of our new guidance range, plus our dividend yield.
Finally, I would like to take a moment to thank our employees for supporting our social responsibilities and related activities, including our mission to drive connectivity and digital inclusion in the many communities in which we operate worldwide. Throughout the global pandemic, people's ability to interact, access services, learn and work has been essential. Our focus on enabling digital inclusion runs across our offerings but also extends to our communities: from Internet connectivity and accessibility, to digital literacy and advanced skills training.
For example, we are connecting four schools in Kenya to the Internet, giving the opportunity to more than 7,000 children to use this window to the world in collaboration with Safaricom foundation. In addition to donating thousands of computers to under-represented populations, many of our employees are also teaching different populations how to access the Internet, providing tailor-made digital skills training, and helping future generation to become more employable in the tech sector. We are committed to the journey toward digital inclusion. We will continue to serve societies where they need us the most.
With that, let me turn the call to Tamar for her remarks.
Tamar Rapaport-Dagim -- Joint Chief Financial and Operating Officer
Thank you, Shuky. Since we completed the divestiture of OpenMarket on December 31, 2020, our reported numbers for income statement and cash flow in the first quarter fiscal 2021 still include OpenMarket, but the reported balance sheet as of December 31, 2020 and the 12 months backlog metric already excludes OpenMarket. In order to provide you with a sense of the underlying business trends, my comments today will refer to certain financial metrics on a pro forma basis, which exclude the financial impact of OpenMarket from the current fiscal year and comparable fiscal year period.
First fiscal quarter revenue of $1.086 billion was above the midpoint of our guidance range of $1.055 billion to $1.095 billion, both on a reported and constant currency basis. Revenue includes a positive impact from foreign currency fluctuations of approximately $5 million relative to the fourth fiscal quarter of 2020 and $6 million relative to guidance. On a year-over-year basis, our first quarter revenue grew by 4.3% as reported and 3.7% on constant currency.
Our first fiscal quarter non-GAAP operating margin was 17.3%, above the midpoint of our long-
nd control of 5G and all other wireless services. Over in Europe, we have expanded our partnership with A1 Telecom Austria Group with a multi-year deal to provide digital monetization using Openet 5G charging and policy products and services, and at Globe Telecom in the Philippines we have successfully implemented the Amdocs Openet solution on AWS cloud to support GOMO, Globe's fully digital telecom brand.
Overall, we are pleased with Openet's recent progress and its proven ability to support the future charging and policy needs of the world's service providers as they accelerate their 5G investments.
To wrap-up, I am pleased with the strong start we have made to the fiscal year, especially amid the great uncertainty regarding the spread and severity of the COVID-19 pandemic which continues to adversely affect the global economic outlook. We remain on track to deliver accelerated growth in fiscal 2021 on a pro forma basis, consistent with our previous guidance, and we continue to expect a stronger second half as we execute on our strategy and ramp up recent customer awards.
Our confidence in the outlook is supported by the visibility of our backlog, our proven ability to execute, the accountability we provide to our customers and our focused strategy which we believe is aligned with the needs of the market.
With our commitment to profitability and disciplined use of cash, we remain well placed to deliver total shareholder returns of almost 10% in fiscal 2021, including a slightly improved outlook for pro forma non-GAAP earnings-per-share growth of 7.5% at the midpoint of our new guidance range, plus our dividend yield.
Finally, I would like to take a moment to thank our employees for supporting our social responsibilities and related activities, including our mission to drive connectivity and digital inclusion in the many communities in which we operate worldwide. Throughout the global pandemic, people's ability to interact, access services, learn and work has been essential. Our focus on enabling digital inclusion runs across our offerings but also extends to our communities: from Internet connectivity and accessibility, to digital literacy and advanced skills training.
 For example, we are connecting four schools in Kenya to the Internet, giving the opportunity to more than 7,000 children to use this window to the world in collaboration with Safaricom foundation. In addition to donating thousands of computers to under-represented populations, many of our employees are also teaching different populations how to access the Internet, providing tailor-made digital skills training, and helping future generation to become more employable in the tech sector. We are committed to the journey toward digital inclusion. We will continue to serve societies where they need us the most.
With that, let me turn the call to Tamar for her remarks.
Tamar Rapaport-Dagim -- Joint Chief Financial and Operating Officer
Thank you, Shuky. Since we completed the divestiture of OpenMarket on December 31, 2020, our reported numbers for income statement and cash flow in the first quarter fiscal 2021 still include OpenMarket, but the reported balance sheet as of December 31, 2020 and the 12 months backlog metric already excludes OpenMarket. In order to provide you with a sense of the underlying business trends, my comments today will refer to certain financial metrics on a pro forma basis, which exclude the financial impact of OpenMarket from the current fiscal year and comparable fiscal year period.
First fiscal quarter revenue of $1.086 billion was above the midpoint of our guidance range of $1.055 billion to $1.095 billion, both on a reported and constant currency basis. Revenue includes a positive impact from foreign currency fluctuations of approximately $5 million relative to the fourth fiscal quarter of 2020 and $6 million relative to guidance. On a year-over-year basis, our first quarter revenue grew by 4.3% as reported and 3.7% on constant currency.
Our first fiscal quarter non-GAAP operating margin was 17.3%, above the midpoint of our long-