OpenText Reports Fourth Quarter and Fiscal Year 2018 Financial Results

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Go back to OpenText Reports Fourth Quarter and Fiscal Year 2018 Financial Results

Open Text (OTEX) Tops Q4 EPS by 4c, Revenues Beat

August 2, 2018 4:39 PM EDT

Open Text (NASDAQ: OTEX) reported Q4 EPS of $0.72, $0.04 better than the analyst estimate of $0.68. Revenue for the quarter came in at $754.3 million versus the consensus estimate of $730.69 million.

Q4 Revenue of $754 million, up 14% Y/YAnnual Revenue of $2.82 billion, up 23% Y/YAnnual Operating Cash Flows of $710 million, up 62% Y/Y

"Our fourth quarter was a strong close to a record year, with $2.8 billion in total annual revenues and 23% year over year growth," said Mark J.... More