secwatch.observer — SEC 8-K summary
======================================

Issuer:     OPEN TEXT CORP (OTEX)
CIK:        0001002638
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001002638-25-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenText Q2 revenue $1.335B (-13%), cloud up 3%, GAAP EPS $0.87, adj EBITDA margin 37.6%
--------------------------------------------------------------------------------

- Total revenues $1.335B, down 13.1% YoY (-4.9% adj. for AMC divestiture); ARR $1.053B, down 8.1%.
- Cloud revenue $462M (+2.7% YoY); enterprise cloud bookings $250M (+6.1%).
- GAAP net income $230M (+510% YoY), GAAP EPS $0.87; non-GAAP EPS $1.11.
- Adjusted EBITDA $501M (37.6% margin); operating cash flow $348M, free cash flow $307M.
- Declared $0.2625 per share dividend, payable March 21, 2025, record March 7, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000019/0001002638-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002638/000100263825000019/otex-20250206.htm
  HTML page:      https://secwatch.observer/filing/0001002638-25-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer