Open Text Corporation (OTEX) Q3 2025 Earnings Call Transcript |
Open Text Corporation (NASDAQ:OTEX ) Q3 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Greg Secord - Head of Investor Relations Mark Barrenechea - Chief Executive Officer, Chief Technology Officer Chadwick Westlake - Executive Vice President, Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Samad Samana - Jefferies Richard Tse - Nashville Bank Financials Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Operator Thank you for standing by. This is the conference operator. |
seekingalpha.com |
2025-05-01 16:07:42 |
Czytaj oryginał (ang.) |
Open Text (OTEX) Q3 Earnings Surpass Estimates |
Open Text (OTEX) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.94 per share a year ago. |
zacks.com |
2025-04-30 22:45:33 |
Czytaj oryginał (ang.) |
OpenText Reports Third Quarter Fiscal Year 2025 Financial Results |
Announces Expansion and Final Phase of Business Optimization Plan Fiscal 2025 Third Quarter Highlights (in millions(1)) Cloud Revenues Profitability EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $463 $93 $395 $0.35 $0.82 $402 $374 +1.8% Y/Y 7.4% margin 31.5% margin -2.8% Y/Y -12.8% Y/Y +4.6% Y/Y +7.4% Y/Y "On the strength of our operating model, OpenText delivered solid Q3 Cloud revenues, A-EBITDA margin and free cash flows, however, total revenues fell short of our expectations given demand volatility," said Mark J. Barrenechea, OpenText CEO & CTO. |
prnewswire.com |
2025-04-30 20:01:00 |
Czytaj oryginał (ang.) |
Media Alert: OpenText Showcases End-to-End Cybersecurity Innovation at RSA Conference 2025 |
WATERLOO, ON , April 15, 2025 /PRNewswire/ -- OpenText™ today announced its participation at RSA Conference 2025, the premier cybersecurity event in North America. Aligned with this year's theme — Unite. |
prnewswire.com |
2025-04-15 14:00:00 |
Czytaj oryginał (ang.) |
OpenText Customers Leverage AI, Cloud and Security Solutions to Drive Transformation and Success |
BMO and Catalent Pharma Solutions Partner with OpenText to Transform Business Operations and Drive Innovation WATERLOO, ON , April 14, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) the leader Information Management, helps organizations solve complex global problems and impactful transformation with a comprehensive suite of Business Clouds, Business AI and Business Technology including Security. With innovative information management solutions, including the availability of its latest flagship OpenText Cloud Editions 25.2, OpenText is helping organizations create a new digital labor force and raise human potential and productivity. |
prnewswire.com |
2025-04-14 13:00:00 |
Czytaj oryginał (ang.) |
OpenText to Report Third Quarter Fiscal Year 2025 Financial Results on Wednesday, April 30, 2025 and to Host Conference Call Thursday, May 1, 2025 |
WATERLOO, ON , April 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2025 will be released after the close of market on Wednesday, April 30, 2025. In a new approach, OpenText CEO & CTO Mark J. |
prnewswire.com |
2025-04-09 13:00:00 |
Czytaj oryginał (ang.) |
OpenText Announces Availability of Titanium X Enabling new Limitless Digital Workforce |
WATERLOO, ON , April 1, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today introduced the availability of Project Titanium X, now ready with Cloud Editions 25.2 (CE 25.2), the culmination of two years of strategic engineering powering the next generation of Business Clouds, Business AI and Business Technology. Cloud Editions 25.2 brings together a comprehensive set of enterprise capabilities for process automation, data, security and AI. |
prnewswire.com |
2025-04-01 08:00:00 |
Czytaj oryginał (ang.) |
3 Software Stocks to Watch Amid Troubled Industry Trends |
Industry Description |
zacks.com |
2025-03-27 13:40:30 |
Czytaj oryginał (ang.) |
OpenText Announces Information Reimagined Summits in London and Munich Empowering Business at the Speed of AI |
Global business and technology leaders convene to explore how Business AI, Business Clouds, and Business Security are redefining enterprise growth and operations WATERLOO, ON , March 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced its return to the United Kingdom and Europe for OpenText Summit London 2025 on April 1 and OpenText Summit Munich on April 3, 2025, with OpenText CEO & CTO Mark J. Barrenechea keynoting both Summits. |
prnewswire.com |
2025-03-27 11:00:00 |
Czytaj oryginał (ang.) |
OpenText Increases Share Repurchase Program to US$450 Million and Establishes Automatic Share Purchase Plan |
WATERLOO, ON , March 13, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2025 normal course issuer bid (NCIB) by US$150 million, to purchase for cancellation up to a maximum aggregate value of US$450 million of its common shares (Common Shares). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 21,179,064 Common Shares previously approved by the Toronto Stock Exchange (TSX). |
prnewswire.com |
2025-03-13 19:00:00 |
Czytaj oryginał (ang.) |
OpenText to Showcase New Innovations to Empower Healthcare Providers at HIMSS 2025 |
WATERLOO, ON , Feb. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional patient experiences to healthcare providers at the Healthcare Information and Management Systems Society Conference (HIMSS) 2025 in Las Vegas, March 3-6. Providers are facing myriad challenges and strong economic pressures, including fragmented communications across providers; paper-based administrative workflows; and rising ransomware threats. |
prnewswire.com |
2025-02-27 09:30:00 |
Czytaj oryginał (ang.) |
OpenText Appoints Chadwick Westlake Chief Financial Officer To Reinforce Top Priorities |
WATERLOO, ON , Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns. |
prnewswire.com |
2025-02-26 10:00:00 |
Czytaj oryginał (ang.) |
OpenText Strengthens Consumer Cybersecurity Portfolio with Comprehensive Digital Life Protection |
New Webroot Total Protection safeguards personal and financial information WATERLOO, ON , Feb. 25, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, an all-in-one cybersecurity solution built to go beyond traditional device security to deliver comprehensive digital life protection for individuals and families. With identity protection, VPN, parental controls, and unlimited cloud backup, users can safeguard their data, privacy, and online activities—all from a single, seamless platform. |
prnewswire.com |
2025-02-25 11:00:00 |
Czytaj oryginał (ang.) |
OpenText Launches Next Generation OpenText Cybersecurity Cloud With AI Powered Threat Detection and Response Capabilities |
AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security tools WATERLOO, ON , Feb. 20, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally availability with Cloud Editions 25.2. OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities. |
prnewswire.com |
2025-02-20 11:40:00 |
Czytaj oryginał (ang.) |
Open Text: Still Decent Risk Reward |
I rate Open Text a 'Buy' with a 1-year price target of $31.46 per share, projecting a 14.4% upside and a quarterly dividend of $0.26. OTEX's fundamentals have been choppy post-AMC divestiture, but liquidity and net margin improvements highlight potential for recovery. Key catalysts include the launch of Titanium X and a new licensing model, both expected to drive growth and margin expansion. |
seekingalpha.com |
2025-02-18 07:11:42 |
Czytaj oryginał (ang.) |
OTEX CFO on A.I. in Software & Hyperscaler Partnerships |
Mandu Ranganathan, CFO of Open Text (OTEX), discusses how the company has evolved through A.I. integration. |
youtube.com |
2025-02-11 16:46:58 |
Czytaj oryginał (ang.) |
Open Text Corporation (OTEX) Q2 2025 Earnings Call Transcript |
Open Text Corporation (NASDAQ:OTEX ) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Greg Secord - Head, IR Mark Barrenechea - CEO and CTO Madhu Ranganathan - President and Leader, Corporate Development Todd Cione - President, Worldwide Sales Conference Call Participants Raimo Lenschow - Barclays Bill Fitzsimmons - Jefferies Thanos Moschopoulos - BMO Capital Markets Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Seth Gilbert - UBS Kevin Krishnaratne - Scotiabank Richard Tse - National Bank Financial Operator Thank you for standing by. This is the conference operator. |
seekingalpha.com |
2025-02-06 23:28:48 |
Czytaj oryginał (ang.) |
Open Text (OTEX) Beats Q2 Earnings and Revenue Estimates |
Open Text (OTEX) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.24 per share a year ago. |
zacks.com |
2025-02-06 20:15:24 |
Czytaj oryginał (ang.) |
OpenText Reports Second Quarter Fiscal Year 2025 Financial Results |
Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6% GAAP EPS of $0.87, Non-GAAP EPS of $1.11 Operating Cash Flows of $348M and Free Cash Flows of $307M Fiscal 2025 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,335 $1,053 $462 (13.1) % (8.1) % +2.7 % Annual Recurring Revenues represent 79% of Total Revenues "OpenText's Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company's top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns," said Mark J. |
prnewswire.com |
2025-02-06 18:01:00 |
Czytaj oryginał (ang.) |
3 Top Tech Stocks to Buy in February |
The technology sector is projected to experience significant growth in 2025, with worldwide IT spending expected to reach approximately |
247wallst.com |
2025-02-05 19:21:44 |
Czytaj oryginał (ang.) |
OpenText named one of Canada's Best Employers 2025 for the fifth consecutive year by Forbes |
WATERLOO, ON , Feb. 5, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of Canada's Best Employers 2025 by Forbes. The list, which is generated by Forbes in partnership with Statista, celebrates top organizations across Canada for their work flexibility, focus on professional development, growth opportunities, and more. |
prnewswire.com |
2025-02-05 11:00:00 |
Czytaj oryginał (ang.) |
OpenText appoints Savinay Berry as EVP & Chief Product Officer |
WATERLOO, ON , Jan. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Savinay Berry as EVP & Chief Product Officer for the global information management leader. Mr. Berry will lead a charter focused on products and innovation across the company's wide set of data-oriented domains to help drive growth. |
prnewswire.com |
2025-01-27 13:00:00 |
Czytaj oryginał (ang.) |
OpenText Recognized as a Leader in Four 2024 IDC MarketScape Reports |
OpenText delivers seamless, personalized and secure digital experiences across its portfolio WATERLOO, ON , Jan. 24, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has been recognized as a Leader in four 2024 IDC MarketScape reports solidifying the company's delivering against today's biggest industry challenges. The OpenText Experience Cloud suite of solutions, in which the evaluated solutions are inclusive of, is designed to help organizations optimize their customer journeys with actionable, data-driven insights, empower teams to create exceptional customer experiences and engage with customers through tailored, preference-based interactions. |
prnewswire.com |
2025-01-24 11:00:00 |
Czytaj oryginał (ang.) |
OpenText to Report Second Quarter Fiscal Year 2025 Financial Results on Thursday, February 6, 2025 |
WATERLOO, ON , Jan. 13, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2025 will be released on Thursday, February 6, 2025, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast Mark J. |
prnewswire.com |
2025-01-13 18:01:00 |
Czytaj oryginał (ang.) |
Open Text Corporation (OTEX) Barclays 22nd Annual Global Technology Conference (Transcript) |
Open Text Corporation (NASDAQ:OTEX ) Barclays 22nd Annual Global Technology Conference December 12, 2024 4:20 PM ET Company Participants Greg Secord - Vice President, Investor Relations Madhu Ranganathan - President and CFO Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Welcome to our next session. I know as a speaker we have like Madhu, and Madhu will join us in a minute, but Greg is -- because she's stuck on traffic. |
seekingalpha.com |
2024-12-12 20:30:25 |
Czytaj oryginał (ang.) |
OpenText Partners with Secure Code Warrior to Deliver Comprehensive Application Security and Customized Developer Risk Management |
The new agreement empowers development teams with continuous upskilling to turn security into a strategic advantage, reduce risks, and elevate customer trust WATERLOO, ON , Dec. 5, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced a strategic partnership with Secure Code Warrior to integrate its dynamic learning platform into the OpenText Fortify application security product suite. This partnership will help developers improve their secure coding skills through real-time training to reduce risks, quickly identify and resolve vulnerabilities, and ultimately build greater trust with customers. |
prnewswire.com |
2024-12-05 10:30:00 |
Czytaj oryginał (ang.) |
Open Text: Not Quite As Cheap As It Seems, But Still A Buy |
Open Text appears to be exceptionally cheap based on its single-digit non-GAAP P/E ratio and strong growth prospects. I believe shares aren't quite as discounted as they might seem at first glance. That said, there is still value here at Open Text as long as you take several considerations into account. |
seekingalpha.com |
2024-12-05 02:15:19 |
Czytaj oryginał (ang.) |
Is the Options Market Predicting a Spike in Open Text (OTEX) Stock? |
Investors need to pay close attention to Open Text (OTEX) stock based on the movements in the options market lately. |
zacks.com |
2024-12-02 11:51:09 |
Czytaj oryginał (ang.) |
OpenText Appoints Fletcher Previn to Board of Directors |
WATERLOO, ON , Nov. 26, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Fletcher Previn to its board of directors. Mr. Previn is Senior Vice President & Chief Information Officer of Cisco Systems, Inc., a worldwide technology leader that connects a broad range of technologies that help to power, secure, and draw insights from the Internet. |
prnewswire.com |
2024-11-26 10:00:00 |
Czytaj oryginał (ang.) |
OpenText Makes Multi-Cloud Work with Cloud Editions 24.4 |
Next-generation cloud, security, AI-integrated innovations unveiled at OpenText World 2024 WATERLOO, ON , Nov. 19, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today unveiled Cloud Editions (CE) 24.4 at OpenText World 2024, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work. This release delivers secure, AI-integrated solutions that strengthen data connectivity, streamlines workflows, and enhances human potential—addressing the needs of forward-thinking CIOs and business leaders navigating multi-cloud environments. |
prnewswire.com |
2024-11-19 14:00:00 |
Czytaj oryginał (ang.) |