Open Text (OTEX) Tops Q2 EPS by 11c

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Go back to Open Text (OTEX) Tops Q2 EPS by 11c

OpenText Reports Second Quarter Fiscal Year 2016 Financial Results

February 9, 2016 4:02 PM EST

- Total Revenue of USD $465.3 Million, Down 1%; Up 6% Y/Y in CC*

- Non-GAAP-based Operating Margin of 37%

- Release 16 on schedule for General Availability

WATERLOO, Ontario, Feb. 9, 2016 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTC) announced today its financial results for the second quarter ended December 31, 2015.

"The strength of Fiscal 2016 Q2 shows the potential of digital transformation for our customers and the OpenText business model: total revenues of $465.3 million were up 6% in constant currency, year-over-year; 82% of our total... More