Open Text (OTEX) Tops Q4 EPS by 2c

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OpenText Reports Fourth Quarter and Fiscal Year 2017 Financial Results

August 3, 2017 4:01 PM EDT

Q4 Fiscal 2017 - Total revenue of $664 million, up 37% Y/Y; $675 million in CC

Fiscal 2017 - Total revenue of $2.29 billion, up 26% Y/Y; $2.32 billion in CC

WATERLOO, Ontario, Aug. 3, 2017 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) today announced its financial results for the fourth quarter and fiscal year ended June 30, 2017.

"Fiscal 2017 was a transformational year for OpenText as we strengthened our product offerings with OpenText Release 16 and acquisitions.  OpenText delivered a record $2.29 billion in revenues and $728 million in Adjusted Operating Income, representing 26% and 18% in year-over-year... More