OpenText reports record FY2023 revenue $4.5B (+28% YoY); GAAP EPS $0.56, Non-GAAP $3.29

OPEN TEXT CORP

2023-FY EPS reported $0.56 revenue$4,484,980,000

FY2023 total revenues $4.5B (+28.4% YoY); ARR $3.6B (81% of total); cloud rev $1.7B (+10.8%).
FY2023 GAAP net income $150M (-62.1% YoY); GAAP dil EPS $0.56; Non-GAAP dil EPS $3.29.
Q4 FY2023 total rev $1.49B (+65.2% YoY); GAAP net loss ($49M) from acquisition costs; Adj EBITDA $463M (31.0% margin).
Board declared quarterly dividend $0.25/share (annualized $1.00), payable Sept 22, 2023, record Sept 1, 2023.
Announced opentext.ai and OpenText Aviator AI products; Micro Focus integration ahead of schedule.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OPEN TEXT CORP reported the year ended June 30, 2023 results: revenue $4,485, net income $150 million, EPS $0.56.

Period: the year ended June 30, 2023
Revenue: $4,485
Net income: $150 million
EPS: $0.56
Result: reported results

Exact text from the filing

Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) Reported Constant Currency Reported Constant Currency Reported Constant Currency $4,485 $4,617 $3,615 $3,718 $1,700 $1,739 +28.4% +32.2% +26.2% +29.7% +10.8% +13.3% Annual Recurring Revenues represent 81% of Total Revenues • Total revenues of $4.5 billion up 28.4%

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OPEN TEXT CORP reported the quarter ended June 30, 2023 results: revenue $1,491, net income ($49) million, EPS ($0.18).

Period: the quarter ended June 30, 2023
Revenue: $1,491
Net income: ($49) million
EPS: ($0.18)
Result: reported results

Exact text from the filing

Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) Reported Constant Currency Reported Constant Currency Reported Constant Currency $1,491 $1,502 $1,157 $1,167 $452 $455 +65.2% +66.5% +56.4% +57.7% +9.7% +10.6% Annual Recurring Revenues represent 78% of Total Revenues • Total revenues of $1.5 billion, up 65.2% Y/Y or

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39 earnings releases filed in the last 30 days. Browse all earnings releases →

OPEN TEXT CORP filing history →

Source: SEC EDGAR

accession 0001002638-23-000021

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