{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-23-000010","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.408691+00:00","generated_at":"2026-06-20T01:38:11.956208+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OpenText Q2 FY23 record revenue $897M (+2.4% YoY); cloud rev $409M (+12%); closes Micro Focus acquisition","bullets":["GAAP net income $258M (+192.7% YoY); diluted EPS $0.96; non-GAAP diluted EPS $0.89.","Adjusted EBITDA $341M (38.0% margin); TTM adjusted EBITDA $1,243M (35.2% margin).","Enterprise cloud bookings $144.7M (+12% YoY); cloud revenue $409M (+12% YoY, +16% constant currency).","Closed Micro Focus acquisition on Jan 31, 2023; $1B senior secured notes and $3.585B term loan completed.","Quarterly dividend of $0.24299 per share declared, payable March 23, 2023 to holders of record March 3, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-23-000010","json":"https://secwatch.observer/filing/0001002638-23-000010.json","markdown":"https://secwatch.observer/filing/0001002638-23-000010.md","text":"https://secwatch.observer/filing/0001002638-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000010/0001002638-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000010/otex-20230202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:38:11.956208+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cfd3ac94bd85042ae9ec3c38b950b4b233d06d92","claim":"OPEN TEXT CORP reported the quarter ended December 31, 2022 results: revenue $897 million, net income $258 million, EPS $0.96.","evidence_excerpt":"Total revenues of $897 million, up 2.4% Y/Y or up 7.8% in constant currency • Annual recurring revenues (ARR) of $725 million, up 3.6% Y/Y or up 8.7% in constant currency • Cloud revenues of $409 million, up 12.0% Y/Y or up 16.0% in constant currency • Eight consecutive quarters of cloud organic and ARR organic growth in constant currency • Strong quarterly enterprise cloud bookings (1) of $144.7 million, up 12% Y/Y • Operating cash flows of $195 million and free cash flows (3) of $163 million • TTM operating cash flows (2) of $903 million and TTM free cash flows (2)(3) of $778 million • GAAP-based net income of $258 million, up 192.7% Y/Y, margin of 28.8%, up 1,870 basis points Y/Y, including $172 million of pretax unrealized gains on mark-to-market valuations related to derivative transactions in connection with the Micro Focus acquisition • Adjusted EBITDA (3) of $341 million, margin of 38.0% and TTM Adjusted EBITDA (2)(3) of $1,243 million, margin of 35.2% • GAAP-based diluted earn","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263823000010/0001002638-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$897 million"},{"label":"Net income","value":"$258 million"},{"label":"EPS","value":"$0.96"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}