Open Text Corporation (TSX: OTEX)

Canada flag Canada · Delayed Price · Currency is CAD
41.46
-0.30 (-0.72%)
May 17, 2024, 4:00 PM EDT
-24.47%
Market Cap 11.31B
Revenue (ttm) 8.03B
Net Income (ttm) 229.02M
Shares Out 272.87M
EPS (ttm) 0.84
PE Ratio 49.36
Forward PE 7.55
Dividend 1.00 (2.41%)
Ex-Dividend Date May 31, 2024
Volume 57,913
Open 41.69
Previous Close 41.76
Day's Range 41.38 - 41.83
52-Week Range 38.45 - 60.00
Beta 1.12
Analysts n/a
Price Target 43.91 (+5.91%)
Earnings Date Aug 1, 2024

About Open Text

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmen... [Read more]

Sector Technology
Founded 1991
Country Canada
Stock Exchange Toronto Stock Exchange
Ticker Symbol OTEX
Full Company Profile

Financial Performance

In 2023, Open Text's revenue was $4.48 billion, an increase of 28.37% compared to the previous year's $3.49 billion. Earnings were $150.38 million, a decrease of -62.13%.

Financial numbers in USD Financial Statements

News

OpenText Completes $2 Billion Debt Reduction

WATERLOO, ON , May 8, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net pro...

12 days ago - PRNewsWire

OpenText Empowers Cyber Defenders with Innovations to Outmaneuver Sophisticated Threats

Preemptive approach to cybersecurity showcased at RSAC USA North Hall 4235 WATERLOO, ON , May 6, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced new advancements to protect...

14 days ago - PRNewsWire

Open Text dips after BMO Capital downgrades on weak outlook

Open Text's stock fell 7% after BMO Capital downgraded the shares to Market Perform noting that preliminary FY2025 outlook was weaker than expected. Read more here

17 days ago - Seeking Alpha

Open Text Corporation 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Open Text Corporation in conjunction with their 2024 Q3 earnings call.

17 days ago - Seeking Alpha

OpenText Reports Q3 F'24 Financial Results

Record Q3 Total Revenues and Enterprise Cloud Bookings Announces $250 Million Share Repurchase Program Fiscal 2024 Third Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in m...

17 days ago - PRNewsWire

OpenText Completes Divestiture of Application Modernization and Connectivity (AMC) Business to Rocket Software for $2.275B

OpenText to Reduce Debt by $2 Billion WATERLOO, ON , May 1, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed the divestiture o...

19 days ago - PRNewsWire

OpenText Secures Open Source Supply Chain with Latest Innovation

Solves open source intake challenges WATERLOO, ON , April 29, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced an innovative solution to long-standing open source intake cha...

21 days ago - PRNewsWire

5 Canadian tech stocks to buy today as AI boom continues

The S&P/TSX Composite Index (TSX) has lost its recent momentum as the stock market rally faded. The index has retreated in the past six straight days and is now hovering near its lowest level since Ma...

4 weeks ago - Invezz

Customers Expand Their Horizons with OpenText Cloud Editions 24.2

Company unveils its latest information management solutions, powered by AI and designed to catalyze business transformation through reimagining the way work is approached WATERLOO, ON , April 15, 2024...

5 weeks ago - PRNewsWire

OpenText World Europe 2024 Takes Flight Debuting Latest AI Innovations to Elevate Human Potential

OpenText brings together customers, partners and industry luminaries to explore the transformative power of AI as the force multiplier for human potential LONDON , April 15, 2024 /PRNewswire/ -- OpenT...

5 weeks ago - PRNewsWire

OpenText to Report Third Quarter Fiscal Year 2024 Financial Results on Thursday, May 2, 2024

WATERLOO, ON , April 9, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2024 will be released on Thursd...

5 weeks ago - PRNewsWire

OpenText Strengthens Leadership Team; Appoints Three Presidents, including Todd Cione as incoming President WW Sales

WATERLOO, ON , April 8, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Todd Cione as President of OpenText Worldwide Sales, and announced the ...

6 weeks ago - PRNewsWire

Coroplast Group Partners with OpenText to Meet Poland's E-Invoicing Mandates

OpenText's Business Cloud and E-Invoicing Platform simplifies e-invoicing for global mid-sized business WATERLOO, ON , April 2, 2024 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information c...

6 weeks ago - Benzinga

Coroplast Group Partners with OpenText to Meet Poland's E-Invoicing Mandates

OpenText's Business Cloud and E-Invoicing Platform simplifies e-invoicing for global mid-sized business WATERLOO, ON , April 2, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the informat...

6 weeks ago - PRNewsWire

OpenText Strengthens X12 Collaboration to Accelerate the Future of Supply Chain B2B Data Exchange

WATERLOO, Ontario, March 27, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, and X12, the ANSI-accredited standards organization, today announced the renewal of th...

7 weeks ago - PRNewsWire

Information Management Experts Gather to Explore How AI Elevates Human Potential at OpenText World Europe 2024

WATERLOO, ON , March 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, is set to host OpenText World Europe 2024 April 15 – 18, 2024, with a series of in-person ...

2 months ago - PRNewsWire

Open Text Corp at Morgan Stanley Technology, Media & Telecom Conference Transcript

Open Text Corp at Morgan Stanley Technology, Media & Telecom Conference Transcript

2 months ago - GuruFocus

Q2 2024 Open Text Corp Earnings Call Transcript

Q2 2024 Open Text Corp Earnings Call Transcript

2 months ago - GuruFocus

Open Text Corp at Barclays Global Technology Conference Transcript

Open Text Corp at Barclays Global Technology Conference Transcript

2 months ago - GuruFocus

Open Text Corp Business Conference Call Transcript

Open Text Corp Business Conference Call Transcript

2 months ago - GuruFocus

Open Text Corp at Bank of America Leveraged Finance Conference Transcript

Open Text Corp at Bank of America Leveraged Finance Conference Transcript

2 months ago - GuruFocus

Q1 2024 Open Text Corp Earnings Call Transcript

Q1 2024 Open Text Corp Earnings Call Transcript

2 months ago - GuruFocus