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Share this article OpenText launches new API services, cloud capabilities, and major enhancements across the OpenText portfolio WATERLOO, ON, March 11, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of Cloud Edition (CE) 21.1, delivering a tailored combination of industry solutions, API services, flexible delivery models, and expert managed services to help customers support modern work, engage customers, connect businesses to global commerce, and stay ahead of the competition. CE 21.1 delivers solutions OpenText customers' need to grow their busines...

OpenText Reports Second Quarter Fiscal Year 2021 Financial Results Record Annual Recurring Revenues Record Cloud Revenues – Second Quarter Highlights Operating Cash Flows of $282.5 million in the quarter, up 36.3% YY Free Cash Flows of $274.8 million in the quarter, up 46.5% YY GAAP-based net income of million down 160.9% YY, margin of % down 2,160 basis points YY, primarily due to one-time IRS settlement charge of $299 million Adjusted EBITDA of $360.8 million up 13.8%, margin of … Record Annual Recurring Revenues (ARR), Record Cloud Revenues – Free Cash Flows of $274.8 million in...

Operator Welcome to the Open Text Corporation's Second Quarter Fiscal 2021 Earnings Conference Call. [Operator Instructions]. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]. I would like to turn the conference over to Harry Blount, Senior Vice President, Investor Relations. Please go ahead. Harry E. Blount -- Senior Vice President, Investor Relations Thank you, operator, and good afternoon everyone, On the call today is OpenText's Chief Executive Officer and Chief Technology Officer, Mark J. Barrenechea and our Executive Vice President and Chie...

OpenText Reports Second Quarter Fiscal Year 2021 Financial Results News provided by Share this article WATERLOO, ON, Feb. 4, 2021 /PRNewswire/ -- Second Quarter Highlights Free Cash Flows of $274.8 million in the quarter, up 46.5% Y/Y GAAP-based net income (loss) of ($65.5) million, down 160.9% Y/Y, margin of (7.7)% down 2,160 basis points Y/Y, primarily due to one-time IRS settlement charge of $299 million Adjusted EBITDA of $360.8 million, up 13.8%, margin of 42.2%, up 110 basis points Y/Y GAAP-based diluted earnings (loss) per share of ($0.24), down 160.0% Y/Y Non-GAAP diluted earnings...