OpenText Reports Fourth Quarter and Fiscal Year 2019 Financial Results
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Open Text (OTEX) Tops Q4 EPS by 1c, Revenues Miss
August 1, 2019 4:31 PM EDTOpen Text (NASDAQ: OTEX) reported Q4 EPS of $0.72, $0.01 better than the analyst estimate of $0.71. Revenue for the quarter came in at $747.2 million versus the consensus estimate of $763.48 million.
Total Revenues of $747.2 million, down 0.9%, and $769.3 million in constant currency, up 2.0%Annual Recurring Revenues of $557.1 million, up 4.2%, and $572.0 million in constant currency, up 7.0%Cloud Services and Subscriptions Revenues of $241.9 million, up 11.0%, and $246.5 million in constant currency, up 13.1%GAAP net income attributable to OpenText of $72.0 million, up 16.6%Adjusted EBITDA of $283.9 million, up... More