Open Text (OTEX) Misses Q4 EPS by 5c
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OpenText Reports Fourth Quarter and Fiscal Year 2016 Financial Results
July 27, 2016 4:01 PM EDTFiscal 2016
- Total revenue of $1.8 billion, down 1%; up 3% Y/Y in CC*
- Recurring revenue of $1.5 billion, down 1%; up 3% Y/Y in CC
- Cloud services and subscription revenue of $601 million, down 1%; up 2% Y/Y in CC
- License revenue of $284 million, down 4%; up 2% Y/Y in CC
- GAAP EPS, diluted was $2.33, up 22% Y/Y
- Non-GAAP-based EPS of $3.54, up 2% Y/Y
Q4 Fiscal 2016
- Total revenue of $484 million, up 0.2%; up 0.2% Y/Y in... More
