{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-24-000004","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.033890+00:00","generated_at":"2026-06-06T10:30:00.428095+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 rev $1.535B (+71% YoY), record cloud bookings, and $2.275B AMC divestiture","bullets":["Total revenues $1.535B, up 71% YoY; ARR $1.146B (75% of total); cloud revenues $450M (+10.1%).","GAAP net income $38M ($0.14 diluted EPS); Non-GAAP diluted EPS $1.24; Adjusted EBITDA $566M (36.9% margin).","Record quarterly enterprise cloud bookings $236M, up 62.8% YoY; raised cloud booking growth outlook to 25%-30% for FY24.","Announced definitive agreement to divest AMC business to Rocket Software for $2.275B; net proceeds to repay debt; close expected Q4 FY24.","Free cash flows $305M, up 87% YoY; cash ~$1B; declared dividend $0.25/share payable Mar 20, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-24-000004","json":"https://secwatch.observer/filing/0001002638-24-000004.json","markdown":"https://secwatch.observer/filing/0001002638-24-000004.md","text":"https://secwatch.observer/filing/0001002638-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000004/0001002638-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000004/otex-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T10:30:00.428095+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":"8c4f95d26dc579a3d4b526ebba50e1a900a40dc3","claim":"OPEN TEXT CORP reported the second quarter ended December 31, 2023 results: revenue $1.535 billion, net income $38 million, EPS $0.14. Guidance raised.","evidence_excerpt":"of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- OpenText Reports Second Quarter Fiscal Year 2024 Financial Results Record Total Revenues of $1.535 billion Up 71% Y/Y Record Enterprise Cloud Bookings Fiscal 2024 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1002638/000100263824000004/0001002638-24-000004-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended December 31, 2023"},{"label":"Revenue","value":"$1.535 billion"},{"label":"Net income","value":"$38 million"},{"label":"EPS","value":"$0.14"},{"label":"Guidance","value":"raised"},{"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"}