secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001002638-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText Q3 FY2023: Revenue $1.24B (+41% Y/Y), ARR $1.01B, Cloud $435M; Dividend declared $0.24299/share
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- Total revenues of $1.245B, up 41.1% Y/Y; ARR of $1.011B, up 37.7% Y/Y (81% of total revenue).
- Cloud revenues $435M, up 8.3% Y/Y; enterprise cloud bookings $108M, flat Y/Y.
- GAAP net income $58M ($0.21 EPS) down 22.9% Y/Y; Non-GAAP diluted EPS $0.73.
- Adjusted EBITDA $365M (29.3% margin); TTM free cash flows $778M.
- Board declares dividend $0.24299/share payable June 23, 2023, record June 2, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000015/0001002638-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000015/otex-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001002638-23-000015

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