OpenText Reports First Quarter Fiscal Year 2020 Financial Results

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Open Text (OTEX) Tops Q1 EPS by 1c

October 31, 2019 4:03 PM UTC

Open Text (NASDAQ: OTEX) reported Q1 EPS of $0.64, $0.01 better than the analyst estimate of $0.63. Revenue for the quarter came in at $696.9 million versus the consensus estimate of $700.77 million.

GAAP net income of $74.4 million, up 104.8% Y/YAdjusted EBITDA of $254.2 million, up 3.2%, margin of 36.5%, down 40 basis points Y/YGAAP diluted EPS of $0.27, up 107.7% Y/YNon-GAAP diluted EPS of $0.64, up 6.7%, and $0.65 in constant currency, up... More