OpenText Reports Second Quarter Fiscal Year 2021 Financial Results

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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