OpenText Reports Second Quarter Fiscal Year 2020 Financial Results

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Go back to OpenText Reports Second Quarter Fiscal Year 2020 Financial Results

Open Text (OTEX) Tops Q2 EPS by 6c, Revenues Beat

January 30, 2020 4:08 PM EST

Open Text (NASDAQ: OTEX) reported Q2 EPS of $0.84, $0.06 better than the analyst estimate of $0.78. Revenue for the quarter came in at $771.6 million versus the consensus estimate of $754.19 million.

GAAP net income of $107.5 million, up 2.9% Y/YAdjusted EBITDA of $317.0 million, up 2.8%, margin of 41.1%, down 80 basis points Y/YGAAP diluted EPS of $0.40, up 2.6% Y/YNon-GAAP diluted EPS of $0.84, up 5.0%, and $0.86 in constant currency, up 7.5% Y/YOperating Cash Flows were $860.5 million during the trailing twelve... More