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Open Text Corp. reports net loss in fourth quarter, launches AI strategy - Vimarsana News

Open Text Corp. reports net loss in fourth quarter, launches AI strategy

Open Text Corp. reported a net loss of US$48.7 million in its fourth quarter, down from earnings of US$102.2 million during the same quarter last year. Revenues for the quarter ended June 30 were US$1.5 billion, up from US$902.5 million last year.

Open Text Corp. reports net loss in fourth quarter, launches AI strategy - Vimarsana News

Open Text Corp. reports net loss in fourth quarter, launches AI strategy

Open Text Corp. reported a net loss of US$48.7 million in its fourth quarter, down from earnings of US$102.2 million during the same quarter last year. Revenues for the quarter ended June 30 were US$1.5 billion, up from US$902.5 million last year.

Open Text Corp. reports net loss in fourth quarter, launches AI strategy - Vimarsana News

Open Text Corp. reports net loss in fourth quarter, launches AI strategy

Open Text Corp. reported a net loss of US$48.7 million in its fourth quarter, down from earnings of US$102.2 million during the same quarter last year.

Open Text Co. (NASDAQ:OTEX) is Cidel Asset Management Inc.'s 5th Largest Position - Vimarsana News

Open Text Co. (NASDAQ:OTEX) is Cidel Asset Management Inc.'s 5th Largest Position

Cidel Asset Management Inc. raised its position in shares of Open Text Co. (NASDAQ:OTEX – Free Report) (TSE:OTC) by 10.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,003,327 shares of the software maker’s stock after acquiring an additional […]

Envestnet Asset Management Inc. Boosts Stake in Open Text Co. (NASDAQ:OTEX) - Vimarsana News

Envestnet Asset Management Inc. Boosts Stake in Open Text Co. (NASDAQ:OTEX)

Envestnet Asset Management Inc. boosted its stake in Open Text Co. (NASDAQ:OTEX – Free Report) (TSE:OTC) by 12.6% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,402 shares of the software maker’s stock after buying an additional 1,728 shares during the quarter. Envestnet […]

Source: wkrb13.com