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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 Reports Second Quarter Fiscal Year 2021 Financial Results

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
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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 ....

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OpenText Launches BrightCloud Cloud Service Intelligence

OpenText Launches BrightCloud Cloud Service Intelligence
New offering harnesses the power of BrightCloud Threat Intelligence to help partners secure, protect and manage Cloud applications and services – Building on an unparalleled sixth generation machine learning platform, OpenText™ announces the release of BrightCloud® Cloud Service Intelligence, enabling Cloud Access Security Brokers and other security and technology vendors to enforce data-centric security …
New offering harnesses the power of BrightCloud Threat Intelligence to help partners secure, protect and manage Cloud applications and services
– Building on an unparalleled sixth generation machine learning platform, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announces the release of BrightCloud® Cloud Service Intelligence, enabling Cloud Access Security Brokers (CASB) and other security and technology vendors to enforce data-centric security policies and prevent unwanted interactions with cloud ser ....

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OpenText Launches BrightCloud Cloud Service Intelligence

OpenText Launches BrightCloud Cloud Service Intelligence
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New offering harnesses the power of BrightCloud Threat Intelligence to help partners secure, protect and manage Cloud applications and services
WATERLOO, ON, Feb. 4, 2021 /PRNewswire/ Building on an unparalleled sixth generation machine learning platform, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announces the release of BrightCloud® Cloud Service Intelligence, enabling Cloud Access Security Brokers (CASB) and other security and technology vendors to enforce data-centric security policies and prevent unwanted interactions with cloud services and associated applications.
The risks in securing cloud applications are fairly straightforward; if IT doesn t know about an unsanctioned application or service, they can t adequately protect it or the data it accesses and stores, stated OpenText Chief Product Officer Muhi Majzoub. Modern user practice ....

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OpenText Reports Second Quarter Fiscal Year 2021 Financial Results

OpenText Reports Second Quarter Fiscal Year 2021 Financial Results
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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 per share of $0.95, up 13.1%, and $0.92 in constant currency, up 9.5% Y/Y
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), The Information Company, today announced its financial results for the second quarter ended December 31, 2020. ....

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