secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001002638-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText Q2 FY23 record revenue $897M (+2.4% YoY); cloud rev $409M (+12%); closes Micro Focus acquisition
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000010/0001002638-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000010/otex-20230202.htm
  HTML page:      https://secwatch.observer/filing/0001002638-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer