Open Text (OTEX) Tops Q4 EPS by 18c; Updates on IRS Tax Matters; Approves $200M Buyback Plan

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Go back to Open Text (OTEX) Tops Q4 EPS by 18c; Updates on IRS Tax Matters; Approves $200M Buyback Plan

OpenText and SAP to Accelerate B2B Managed Services In the Cloud

July 29, 2015 4:06 PM EDT

WATERLOO, 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 EDT

Announces 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