Open Text (OTEX) Misses Q3 EPS by 4c

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Go back to Open Text (OTEX) Misses Q3 EPS by 4c

OpenText Reports Third Quarter Fiscal Year 2016 Financial Results

April 27, 2016 4:02 PM EDT

- Record operating cash flow of $190 million; up 33% Y/Y

- Total revenue of $441 million, down 2%; up 2% Y/Y in CC*

- Non-GAAP-based EPS of $0.80, up 21%; up 23% Y/Y in CC

- Release 16 launched; the world's first integrated digital information platform

- Increases quarterly cash dividend by 15%

WATERLOO, Ontario, April 27, 2016 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTC) announced today its financial results for the third quarter ended March 31,... More