secwatch.observer — SEC 8-K summary
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Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001002638-23-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000021/0001002638-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263823000021/otex-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001002638-23-000021

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