Open Text (OTEX) Tops Q4 EPS by 18c; Updates on IRS Tax Matters; Approves $200M Buyback Plan
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OpenText and SAP to Accelerate B2B Managed Services In the Cloud
July 29, 2015 4:06 PM EDTWATERLOO, Ontario and SUNNYVALE, Calif., July 29, 2015 /PRNewswire/ -- OpenText (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Information Management (EIM), including managed cloud services for complex B2B integrations that facilitate the efficient and secure exchange of information inside and outside of organizations, and SAP SE (NYSE: SAP) today announced they will team... More
OpenText Reports Fourth Quarter and Fiscal Year 2015 Financial Results
July 29, 2015 4:01 PM EDTAnnounces up to $200 Million Share Buyback and Update on IRS Tax Matters
Fiscal Year 2015- Total revenue was $1.9 billion, up 14%; in CC*, up 19%- Recurring revenue was $1.6 billion, up 18%; in CC up 23%- Cloud services and subscriptions revenue was $605.3 million, up 62%; in CC, up 67%- License revenue was $294.3 million, down 4%; in CC, up 3%
Q4 Fiscal 2015- Total revenue was $482.7 million, down 2%; in CC, up 7%- Recurring revenue was $385.6 million, down 2%; in CC up 6%- Cloud services and subscriptions revenue was $149.0 million, down 2%; in CC,... More
