OpenText Reports Second Quarter Fiscal Year 2019 Financial Results

Go back to OpenText Reports Second Quarter Fiscal Year 2019 Financial Results

Open Text (OTEX) PT Raised to $47 at RBC Capital

February 1, 2019 6:46 AM EST

RBC Capital analyst Paul Treiber raised the price target on Open Text (NASDAQ: OTEX) to $47.00 (from $45.00) while maintaining a Outperform rating.

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Open Text (OTEX) Tops Q2 EPS by 8c

January 31, 2019 4:02 PM EST

Open Text (NASDAQ: OTEX) reported Q2 EPS of $0.80, $0.08 better than the analyst estimate of $0.72. Revenue for the quarter came in at $735 million versus the consensus estimate of $728.5 million.

"OpenText delivered another strong quarter in Q2. Total revenues grew to $735 million, Annual Recurring Revenues grew to $530 million, up 3%, year over year, with... More