OpenText Reports Third Quarter Fiscal Year 2020 Financial Results

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

Open Text (OTEX) Tops Q3 EPS by 4c, Revenues Beat

April 30, 2020 4:03 PM EDT

Open Text (NASDAQ: OTEX) reported Q3 EPS of $0.61, $0.04 better than the analyst estimate of $0.57. Revenue for the quarter came in at $814.7 million versus the consensus estimate of $788.49 million.

Record Operating Cash Flows of $329.6 million in the quarter, up 15.2% Y/Y and $904.1 million for the trailing twelve monthsDeclares cash dividend of $0.1746 per common shareGAAP net income of $26.0 million, down 64.3% Y/YAdjusted EBITDA of $259.5 million, down 0.9%, margin of 31.8%, down 460 basis points Y/YGAAP diluted EPS of $0.10, down 63.0% Y/YNon-GAAP diluted EPS of $0.61, down 4.7%, and $0.62 in constant currency, down 3.1%... More