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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...

PHOTO: Natee Meepian The IDC projected in a 2020 report that enterprise data will grow at a 42.2% annual rate over the next two years. Enterprises have many software systems that manage this data. Two of them that often intersect are document management systems (DMS) and content management systems (CMS). Your enterprise’s greatest needs will naturally determine the type of system it invests in to manage documents and content, and it’s important to recognize some key differences between these two systems. “Organizations that are researching options should be driven by the type ...

M-Files Secures $80 Million Growth Investment Led by Bregal Milestone Share Article Bregal Milestone, a European growth capital firm, led the round with current investors Partech, Tesi and Draper Esprit also participating (Left) Cyrus Shey, Managing Partner of Bregal Milestone (Right) Antti Nivala, CEO and Founder of M-Files "The valuable investment from Bregal Milestone, bolstered by support from our existing shareholders Partech, Tesi and Draper Esprit, will enable M-Files to deliver further innovations in product development, AI and our cloud platform," said Antti Nivala, CEO and Founder o...

M-Files Recognized in Gartner 2020 Critical Capabilities for Content Services Platforms Report Share Article Companion report to the Gartner Magic Quadrant further evaluates M-Files offerings across critical capabilities and use cases. "We view Gartner’s recognition of both our best-in-class federation and our continued innovation in federation as validation that our modern, intelligent approach uniquely positions us to help enterprises navigate today's top information management challenges,” said Antti Nivala, CEO at M-Files. AUSTIN, Texas (PRWEB) ...

Box, Inc.: Box Opens Research and Development Engineering Site in Warsaw, Poland Appoints Veteran Polish Engineering Leader to Run Local Operations Box, Inc. (NYSE:BOX), a leader in cloud content management, today announced that it has opened a new Research and Development Engineering site in Warsaw, Poland. To help accelerate its long-term product strategy, the company is building a team in Warsaw which will drive some of Box's most important product developments, in partnership with its established team headquartered in Redwood City, California. Box is planning to hire 150 employees based ...