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

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

OpenText Reports Fourth Quarter and Fiscal Year 2018 Financial Results

August 2, 2018 4:01 PM EDT

Q4 Revenue of $754 million, up 14% Y/Y

Annual Revenue of $2.82 billion, up 23% Y/Y

Annual Operating Cash Flows of $710 million, up 62% Y/Y

WATERLOO, Ontario, Aug. 2, 2018 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX), "The Information Company," today announced its financial results for the fourth quarter and fiscal year ended June 30, 2018.

"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. Barrenechea, OpenText Vice Chair, CEO & CTO. "Fiscal 2018... More