Open Text Corporation (TSX: OTEX)

Canada flag Canada · Delayed Price · Currency is CAD
41.89
+0.81 (1.97%)
Jul 2, 2024, 4:00 PM EDT
-22.80%
Market Cap 11.43B
Revenue (ttm) 8.06B
Net Income (ttm) 229.86M
Shares Out 269.90M
EPS (ttm) 0.85
PE Ratio 48.82
Forward PE 7.55
Dividend 1.00 (2.39%)
Ex-Dividend Date May 31, 2024
Volume 567,105
Open 40.68
Previous Close 41.08
Day's Range n/a
52-Week Range 37.92 - 60.00
Beta 1.12
Analysts n/a
Price Target 43.91 (+4.82%)
Earnings Date Aug 1, 2024

About Open Text

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmen... [Read more]

Sector Technology
Founded 1991
Employees 24,100
Stock Exchange Toronto Stock Exchange
Ticker Symbol OTEX
Full Company Profile

Financial Performance

In 2023, Open Text's revenue was $4.48 billion, an increase of 28.37% compared to the previous year's $3.49 billion. Earnings were $150.38 million, a decrease of -62.13%.

Financial numbers in USD Financial Statements

News

OpenText Cloud for Government Solution Achieves FedRAMP Authorization

New FedRAMP authorized solution enhances federal agencies' ability to deliver a seamless total citizen experience WATERLOO, ON , June 14, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), th...

18 days ago - PRNewsWire

OpenText Named a Leader in Two IDC MarketScapes for UEM for SMBs and Client Endpoint Management for Microsoft Windows Devices

WATERLOO, ON , June 12, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced its position as a Leader in the IDC MarketScape: Worldwide Unified Endpoint...

20 days ago - PRNewsWire

OpenText Cybersecurity MSP/MSSP Survey Finds Customers Seek AI-led Comprehensive Security Expertise for Threat Detection and Vulnerability Management

OpenText Cybersecurity 2024 Global Managed Security Survey reveals  enterprises and SMBs Need Holistic and Composable Security  WATERLOO, ON , June 10, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX, TSX...

22 days ago - PRNewsWire

OpenText Elevates Knowledge Workers at SAP Sapphire 2024

AI-powered solutions help enterprises add intelligence to information throughout their SAP business processes WATERLOO, ON , June 3, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the inf...

4 weeks ago - PRNewsWire

OpenText Named a Leader in Document Mining and Analytics Platforms Report

WATERLOO, Ontario , May 31, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced that OpenText™ IDOL™ has been named a Leader in The Forrester Wave™: Do...

4 weeks ago - PRNewsWire

OpenText Buys Cybersecurity MDR Platform

Pillr Provides a Managed Detection and Response (MDR) Platform for MSPs integrated with OpenText's Cybersecurity WATERLOO, ON , May 22, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX:...

5 weeks ago - PRNewsWire

OpenText Completes $2 Billion Debt Reduction

WATERLOO, ON , May 8, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net pro...

7 weeks ago - PRNewsWire

OpenText Empowers Cyber Defenders with Innovations to Outmaneuver Sophisticated Threats

Preemptive approach to cybersecurity showcased at RSAC USA North Hall 4235 WATERLOO, ON , May 6, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced new advancements to protect...

2 months ago - PRNewsWire

Open Text dips after BMO Capital downgrades on weak outlook

Open Text's stock fell 7% after BMO Capital downgraded the shares to Market Perform noting that preliminary FY2025 outlook was weaker than expected. Read more here

2 months ago - Seeking Alpha

Open Text Corporation 2024 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Open Text Corporation in conjunction with their 2024 Q3 earnings call.

2 months ago - Seeking Alpha

OpenText Reports Q3 F'24 Financial Results

Record Q3 Total Revenues and Enterprise Cloud Bookings Announces $250 Million Share Repurchase Program Fiscal 2024 Third Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in m...

2 months ago - PRNewsWire

OpenText Completes Divestiture of Application Modernization and Connectivity (AMC) Business to Rocket Software for $2.275B

OpenText to Reduce Debt by $2 Billion WATERLOO, ON , May 1, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed the divestiture o...

2 months ago - PRNewsWire

OpenText Secures Open Source Supply Chain with Latest Innovation

Solves open source intake challenges WATERLOO, ON , April 29, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced an innovative solution to long-standing open source intake cha...

2 months ago - PRNewsWire

5 Canadian tech stocks to buy today as AI boom continues

The S&P/TSX Composite Index (TSX) has lost its recent momentum as the stock market rally faded. The index has retreated in the past six straight days and is now hovering near its lowest level since Ma...

2 months ago - Invezz

Customers Expand Their Horizons with OpenText Cloud Editions 24.2

Company unveils its latest information management solutions, powered by AI and designed to catalyze business transformation through reimagining the way work is approached WATERLOO, ON , April 15, 2024...

2 months ago - PRNewsWire

OpenText World Europe 2024 Takes Flight Debuting Latest AI Innovations to Elevate Human Potential

OpenText brings together customers, partners and industry luminaries to explore the transformative power of AI as the force multiplier for human potential LONDON , April 15, 2024 /PRNewswire/ -- OpenT...

2 months ago - PRNewsWire

OpenText to Report Third Quarter Fiscal Year 2024 Financial Results on Thursday, May 2, 2024

WATERLOO, ON , April 9, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2024 will be released on Thursd...

3 months ago - PRNewsWire

OpenText Strengthens Leadership Team; Appoints Three Presidents, including Todd Cione as incoming President WW Sales

WATERLOO, ON , April 8, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Todd Cione as President of OpenText Worldwide Sales, and announced the ...

3 months ago - PRNewsWire

Coroplast Group Partners with OpenText to Meet Poland's E-Invoicing Mandates

OpenText's Business Cloud and E-Invoicing Platform simplifies e-invoicing for global mid-sized business WATERLOO, ON , April 2, 2024 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information c...

3 months ago - Benzinga

Coroplast Group Partners with OpenText to Meet Poland's E-Invoicing Mandates

OpenText's Business Cloud and E-Invoicing Platform simplifies e-invoicing for global mid-sized business WATERLOO, ON , April 2, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the informat...

3 months ago - PRNewsWire

OpenText Strengthens X12 Collaboration to Accelerate the Future of Supply Chain B2B Data Exchange

WATERLOO, Ontario, March 27, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, and X12, the ANSI-accredited standards organization, today announced the renewal of th...

3 months ago - PRNewsWire

Information Management Experts Gather to Explore How AI Elevates Human Potential at OpenText World Europe 2024

WATERLOO, ON , March 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, is set to host OpenText World Europe 2024 April 15 – 18, 2024, with a series of in-person ...

3 months ago - PRNewsWire

Open Text Corp at Morgan Stanley Technology, Media & Telecom Conference Transcript

Open Text Corp at Morgan Stanley Technology, Media & Telecom Conference Transcript

4 months ago - GuruFocus