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OpenText Reports Third Quarter Fiscal Year 2021 Financial Results


OpenText Reports Third Quarter Fiscal Year 2021 Financial Results
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WATERLOO, ON, May 6, 2021 /PRNewswire/
Third Quarter Highlights
83% of Total Revenues
Operating cash flows were $63.6 million and free cash flows were $50.3 million, which include an IRS settlement payment of $290.0 million
GAAP-based net income of $91.5 million, up 252.4% Y/Y, margin of 11.0%, up 780 basis points Y/Y
Adjusted EBITDA of $297.1 million, up 14.5%, margin of 35.7%, up 390 basis points Y/Y
GAAP-based diluted EPS of $0.33, up 230.0% Y/Y
Non-GAAP diluted EPS of $0.75, up 23.0%, and $0.71 in constant currency, up 16.4% Y/Y
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), The Information Company, today announced its financial results for the third quarter ended March 31, 2021. ....

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Grow Faster with OpenText Cloud Edition 21.1


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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 businesses.  
Modern organizations know the importance of digitization and automation, said Mark J. Barrenechea, OpenText CEO & CTO. With Cloud Editions, customers can accelerate their digital transformation regardless of Cloud choice or point of departure. And with continuous innovation provided quarterly, OpenText helps our customers have the modern architecture and platform they ne ....

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OpenText Delivers Endpoint Detection and Response in the Cloud


OpenText Delivers Endpoint Detection and Response in the Cloud
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The full suite of OpenText™ EnCase solutions are now certified on Microsoft Azure
WATERLOO, ON, March 3, 2021 /PRNewswire/  OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today announced OpenText™ EnCase Endpoint Security is now certified on Microsoft Azure. With OpenText endpoint detection and response (EDR) capability in the cloud, security professionals can identify, investigate, and remediate threats faster.
As organizations shift operations to the cloud, security and investigative teams must keep pace, said OpenText Chief Product Officer Muhi Majzoub. With EnCase Endpoint Security on Microsoft Azure, organizations can comprehensively detect and respond to insider and external threats in the cloud or on premises. ....

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