---
schema_version: "secwatch.filing_event.v1"
accession: "0001002638-24-000073"
form_type: "8-K"
ticker: "OTEX"
cik: "0001002638"
company_name: "OPEN TEXT CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:12:45.592826+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OpenText Q1 FY2025 revenues $1.27B (-11% YoY); GAAP EPS $0.32, Non-GAAP $0.93

## Summary
- Revenue $1.27B (down 11% YoY, but only down 1.8% adjusted for AMC divestiture).
- Cloud revenue $457M (+1.3% YoY); enterprise cloud bookings $133M (+10.3% YoY).
- GAAP net income $84M ($0.32 diluted EPS); Adjusted EBITDA $444M (35.0% margin).
- Operating cash flow ($78M) and free cash flow ($117M) due to one-time AMC divestiture tax.
- Dividend $0.2625/share payable Dec 20, 2024; 7.72M shares repurchased and canceled over last 2 quarters.

## SEC filing metadata
- accession: 0001002638-24-000073
- form_type: 8-K
- ticker: OTEX
- cik: 0001002638
- company_name: OPEN TEXT CORP
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1002638/000100263824000073/0001002638-24-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1002638/000100263824000073/otex-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001002638-24-000073
- JSON: https://secwatch.observer/filing/0001002638-24-000073.json
- Plain text: https://secwatch.observer/filing/0001002638-24-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.