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OpenText Drives Cloud Growth across the Asia Pacific Region


OpenText Drives Cloud Growth across the Asia Pacific Region
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OpenText World Asia Pacific Showcases OpenText Cloud Editions
WATERLOO, Ontario, May 19, 2021 /PRNewswire/ OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today kicks off OpenText World Asia Pacific, its flagship conference for customers, partners and prospects in the Asia Pacific region, headlined by OpenText CEO & CTO Mark J. Barrenechea, Chief Product Officer Muhi Majzoub, and a fireside chat with best-selling author and renowned optimist Simon Sinek.
The two-day event brings together OpenText leadership and experts, guest speakers, strategic partners and industry professionals to discuss market trends, explore the opportunities within the Asia Pacific market, and highlight how OpenText™ Cloud Editions (CE) 21.2 support customers across the region on their journey to the cloud. ....

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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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Cloud Editions 21.2 Enables Organizations to Grow with OpenText


industry solutions, and innovations across the OpenText portfolio
WATERLOO, ON, April 14, 2021 /PRNewswire/ OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of OpenText™ Cloud Editions (CE) 21.2. The release was unveiled at OpenText World Europe during the opening keynote from OpenText CEO & CTO Mark J. Barrenechea.
The past year has shown the importance of digital transformation for organizations of all sizes, said Barrenechea. Cloud Editions provide customers with flexible deployment options and secure, purpose-built solutions to support modern work, connect to global commerce, and engage their customers in new ways. With the innovations in CE 21.2, customers will be able to accelerate growth and stay ahead of the competition. ....

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