OpenText Reports Second Quarter Fiscal Year 2021 Financial Results

Go back to OpenText Reports Second Quarter Fiscal Year 2021 Financial Results

Open Text (OTEX) Tops Q2 EPS by 10c, Revenues Beat

February 4, 2021 4:35 PM EST

Open Text (NASDAQ: OTEX) reported Q2 EPS of $0.95, $0.10 better than the analyst estimate of $0.85. Revenue for the quarter came in at $855.6 million versus the consensus estimate of $814.84 million.

Operating Cash Flows of $282.5 million in the quarter, up 36.3% Y/YFree Cash Flows of $274.8 million in the quarter, up 46.5% Y/YGAAP-based net income (loss) of ($65.5) million, down 160.9% Y/Y,... More