OTEX

Feb. 12, 2018 Summary OpenText reported results of its fiscal Q2 operations on January 31. The results beat expectations significantly in terms of both margins and revenues. The company achieved significant organic growth for the first time in several quarters, and also over-attained its own margin expectations. The company does not choose to provide specific…

Read More

Nov. 14, 2017 Summary OpenText reported results for fiscal Q1 last week. Somewhat surprisingly, the company reported a beat on revenues but just in-line EPS. Again, surprisingly, the company provided specific guidance for Q2 that was mainly in-line with prior expectations. The company continues to successfully execute its strategy of achieving most of its growth…

Read More

Jun. 14, 2017 Summary Open Text will soon close its first complete quarter since buying Documentum in January. The results quarter should present a clearer view of the potential of the merger. The company is in the midst of an effort to explain to investors that its priorities are growth through acquisition and efficient operation.…

Read More

Feb. 22, 2017 Summary Open Text announced the results of its fiscal Q2 and gave guidance of a sort with regards to expectations for its crucial Documentum merger. The company produced results that were a noticeable beat in terms of reported revenues and showed a surprising acceleration in the growth of license revenues. The company…

Read More

September 13, 2016 Summary Open Text has announced that it will acquire the Enterprise Content Management division – primarily Documentum – from EMC/Dell for $1.62 billion – 2.7X revenues of 2015. The transaction will produce strong accretion for OTEX in terms of EPS and cash flow immediately and can produce additional benefits for some time…

Read More

June 23, 2016 Summary Open Text has announced several acquisitions of some significance in the past few weeks. These acquisitions, based on management commentary, are likely to add visibly to anticipated EPS during the course of FY’17. The company has said that it is on a track to deploy $3 billion of capital “in the…

Read More

Apr. 29, 2016 1:24 PM ET  Summary OTEX reported both top-line and EPS misses of minor magnitude, but shares actually advanced. The company achieved record cash flow and announced two accretive acquisitions. The company’s organic revenue growth has been stuck in neutral for some time now. The two principal competitors of OTEX, IBM and EMC,…

Read More

Summary Open Text has set modest expectations for the current fiscal year. Analysts remain dubious regarding the company’s execution capabilities and its ability to achieve organic growth. OTEX has developed a top-notch strategy focused on the cloud and well-documented value propositions. Growth and operating margin expansion create significant upside potential. For many years, Open Text…

Read More

Feb. 11, 2016 Summary Open Text reported a significant upside to earnings for its fiscal Q2 extending its string of upside performance. Beneath the headline numbers, the company dramatically overattained on product revenues with strong bookings and strong license revenue growth. Management has provided a very easy hurdle in terms of operating earnings for the…

Read More
{"cart_token":"","hash":"","cart_data":""}