OpenText Q3 revenue $1.45B (+16% YoY); cloud bookings up 53%; launches $250M buyback

OPEN TEXT CORP

2024-Q3 EPS reported $0.80 revenue$4,407,428,000

Total revenues of $1.447B, up 16.3% YoY; ARR $1.146B, up 13.3% YoY.
GAAP net income $98M ($0.36 diluted EPS); non-GAAP diluted EPS $0.94.
Adjusted EBITDA $464M (+27% YoY, margin 32%); operating cash flow $385M.
Completed AMC divestiture to Rocket Software for $2.275B; repaid $2B debt.
Declared $0.25/share dividend, payable June 18; $250M share repurchase authorized.

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 0.9

OPEN TEXT CORP reported financial results for the third quarter ended March 31, 2024.

Period: the third quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 2, 2024 , Open Text Corporation (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2024.

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

OPEN TEXT CORP filing history →

Source: SEC EDGAR

accession 0001002638-24-000024

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