Open Text Stock (NASDAQ:OTEX)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$22.09

52W Range

$19.78 - $39.90

50D Avg

$22.81

200D Avg

$28.84

Market Cap

$5.37B

Avg Vol (3M)

$2.47M

Beta

1.05

Div Yield

$1.10 (4.97%)

OTEX Company Profile


Open Text Corporation specializes in the creation, development, and distribution of advanced software and comprehensive solutions designed for information management. Its extensive portfolio encompasses vital areas such as content services and a sophisticated business network that facilitates data management both internally and across external boundaries. The company also delivers robust security and protection measures to counter cyber threats, ensure business continuity, and enable effective breach response, including digital investigation, forensic security tools, and specialized OpenText cyber resilience offerings, augmented by popular products like Carbonite and Webroot. At the core of its technology stack is the OpenText Information Management software platform. Other key features include an eDiscovery platform for forensic analysis and unstructured data analytics, the OpenText Developer Cloud providing essential API services, and powerful AI and analytics capabilities for both structured and unstructured data. Furthermore, Open Text offers digital process automation solutions, empowering organizations to evolve into data-driven entities, alongside the OpenText Digital Experience platform. Beyond its software, the company provides comprehensive customer support, offering access to software upgrades, an extensive knowledge base, community discussions, product insights, and an online system for managing trouble tickets. It also delivers expert consulting and training services for product implementation, integration, and user education, coupled with scalable cloud services. Serving a diverse global clientele that includes large enterprises, mid-market firms, government agencies, small and medium-sized businesses, and individual consumers, Open Text maintains a significant international presence. Its operations span Canada, the United States, the United Kingdom, Germany, the wider European region, the Middle East, Africa, and various other international markets. The company fosters strategic alliances with industry leaders such as SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, and Salesforce.com Corporation, as well as major consulting and IT services providers like Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was established in 1991 and maintains its headquarters in Waterloo, Canada.

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Industry

Software - Application

Sector

Technology

Exchange

NASDAQ

ADR

-

Country

CA

Employees

21,700

IPO Date

Jan 24, 1996

Website

OTEX Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceJun 25Jun 24Jun 23
Cloud Revenues And Customer Support Revenues$4.19B$4.53B$3.62B
Professional Service And Other$352.28M$401.59M$330.50M
License$625.61M$834.16M$539.03M
Cloud Services And Subscriptions$1.86B$1.82B$1.70B
Customer Support$2.33B$2.71B$1.92B

Fiscal year ends in Jun 24 | Currency in USD

OTEX Financial Summary


Jun 24Jun 23Jun 22
Revenue$5.77B$4.48B$3.49B
Operating Income$887.09M$516.29M$644.77M
Net Income$465.09M$150.38M$397.09M
EBITDA$2.09B$1.26B$1.18B
Basic EPS$1.71$0.56$1.44
Diluted EPS$1.71$0.56$1.44

Fiscal year ends in Jun 24 | Currency in USD

Latest Earnings Call Transcripts


Q3 26May 07, 26 | 12:00 AM
Q2 26Feb 05, 26 | 12:00 AM
Q1 26Nov 06, 25 | 8:30 AM

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