A New Era of AI-Driven Information Management
- OpenText delivers trusted, business-ready AI solutions to help customers work smarter, move faster, and stay secure. WATERLOO, ON , July 22, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced today announced the launch of its Cloud Editions (CE) 25.3, a major release that redefines how organizations harness the power of AI, cloud, and cybersecurity to drive business outcomes.
- 07/22/2025
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Open Text: Beyond The Headlines Lies A Profit-Focused Bargain
- Open Text's recent pullback offers an attractive valuation leading into Q4 earnings despite the company's Q3 revenue miss and lowered guidance. Open Text is aggressively pursuing AI-driven cost savings, aiming for up to $400 million in annualized expense reductions and improved bottom-line performance. The company trades at a steep discount to sector and direct competitors, with robust cash flows and a diversified Fortune 500-heavy customer base.
- 07/17/2025
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3 AI Dividend Stocks With Healthy Yields
- These three companies pay handsome dividends and also have AI exposure. They also don't come with nosebleed valuations.
- 07/16/2025
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Open Text: Solid Margins And AI Ambitions, But Still Waiting For A Turn
- I recommend a cautious buy, because of a relatively cheap valuation, expanding margins, and solid free cash flow generation. The company's leadership in its sector, coupled with effective cost controls, supports my positive outlook for continued earnings growth. Management's guidance for the next fiscal year is conservative, providing potential for upside surprises as macroeconomic conditions improve.
- 07/16/2025
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OpenText Announces Chadwick Westlake to pursue CEO opportunity in Canadian banking sector
- Fourth Quarter Fiscal Year 2025 Financial Results to be Released on Thursday, August 7, 2025 Company Reports Strong Preliminary Q4FY25 Revenue Expectations of approximately US$1.31 Billion WATERLOO, ON , July 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) announced today that Chadwick Westlake will step down as EVP, Chief Financial Officer to assume the President & Chief Executive Officer role at his former employer, EQB, following the unexpected passing of its CEO. Mr. Westlake's departure will be effective August 15, 2025, post-completion of OpenText's fiscal year-end reporting.
- 07/09/2025
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AI in Action: OpenText Empowers Knowledge Workers Across Industries with Personalized AI Productivity Tools
- Company expands Aviator strategy with the introduction of MyAviator, a Secure Personal AI Assistant WATERLOO, ON , July 8, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), continues to set the benchmark in Information Management with its AI-first strategy, leveraging agentic AI and its suite of Aviator solutions. By embedding AI-driven automation into diverse industry use cases, OpenText is redefining work by enabling organizations to bring Digital Knowledge Workers into their daily workflows to realize the benefits of complex multi-layered process automation.
- 07/08/2025
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OpenText Appoints Kristen Ludgate to Board of Directors
- WATERLOO, ON , June 26, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Kristen Ludgate to its board of directors. Ms. Ludgate is a seasoned executive and strategic advisor on global workforce and human resource strategies.
- 06/26/2025
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Open Text Corporation (OTEX) Jefferies Public Technology Conference (Transcript)
- Open Text Corporation (NASDAQ:OTEX ) Jefferies Public Technology Conference Call May 29, 2025 2:00 PM ET Company Participants Chadwick Westlake - Chief Financial Officer Conference Call Participants Samad Samana - Jefferies Samad Samana Hi, everybody. Thank you for joining us.
- 05/29/2025
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Open Text Corporation (OTEX) Q3 2025 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q3 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Greg Secord - Head of Investor Relations Mark Barrenechea - Chief Executive Officer, Chief Technology Officer Chadwick Westlake - Executive Vice President, Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Samad Samana - Jefferies Richard Tse - Nashville Bank Financials Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Operator Thank you for standing by. This is the conference operator.
- 05/01/2025
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Open Text (OTEX) Q3 Earnings Surpass Estimates
- Open Text (OTEX) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.94 per share a year ago.
- 04/30/2025
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OpenText Reports Third Quarter Fiscal Year 2025 Financial Results
- Announces Expansion and Final Phase of Business Optimization Plan Fiscal 2025 Third Quarter Highlights (in millions(1)) Cloud Revenues Profitability EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $463 $93 $395 $0.35 $0.82 $402 $374 +1.8% Y/Y 7.4% margin 31.5% margin -2.8% Y/Y -12.8% Y/Y +4.6% Y/Y +7.4% Y/Y "On the strength of our operating model, OpenText delivered solid Q3 Cloud revenues, A-EBITDA margin and free cash flows, however, total revenues fell short of our expectations given demand volatility," said Mark J. Barrenechea, OpenText CEO & CTO.
- 04/30/2025
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Media Alert: OpenText Showcases End-to-End Cybersecurity Innovation at RSA Conference 2025
- WATERLOO, ON , April 15, 2025 /PRNewswire/ -- OpenText™ today announced its participation at RSA Conference 2025, the premier cybersecurity event in North America. Aligned with this year's theme — Unite.
- 04/15/2025
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OpenText Customers Leverage AI, Cloud and Security Solutions to Drive Transformation and Success
- BMO and Catalent Pharma Solutions Partner with OpenText to Transform Business Operations and Drive Innovation WATERLOO, ON , April 14, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) the leader Information Management, helps organizations solve complex global problems and impactful transformation with a comprehensive suite of Business Clouds, Business AI and Business Technology including Security. With innovative information management solutions, including the availability of its latest flagship OpenText Cloud Editions 25.2, OpenText is helping organizations create a new digital labor force and raise human potential and productivity.
- 04/14/2025
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OpenText to Report Third Quarter Fiscal Year 2025 Financial Results on Wednesday, April 30, 2025 and to Host Conference Call Thursday, May 1, 2025
- WATERLOO, ON , April 9, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2025 will be released after the close of market on Wednesday, April 30, 2025. In a new approach, OpenText CEO & CTO Mark J.
- 04/09/2025
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OpenText Announces Availability of Titanium X Enabling new Limitless Digital Workforce
- WATERLOO, ON , April 1, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today introduced the availability of Project Titanium X, now ready with Cloud Editions 25.2 (CE 25.2), the culmination of two years of strategic engineering powering the next generation of Business Clouds, Business AI and Business Technology. Cloud Editions 25.2 brings together a comprehensive set of enterprise capabilities for process automation, data, security and AI.
- 04/01/2025
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3 Software Stocks to Watch Amid Troubled Industry Trends
- Industry Description
- 03/27/2025
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OpenText Announces Information Reimagined Summits in London and Munich Empowering Business at the Speed of AI
- Global business and technology leaders convene to explore how Business AI, Business Clouds, and Business Security are redefining enterprise growth and operations WATERLOO, ON , March 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced its return to the United Kingdom and Europe for OpenText Summit London 2025 on April 1 and OpenText Summit Munich on April 3, 2025, with OpenText CEO & CTO Mark J. Barrenechea keynoting both Summits.
- 03/27/2025
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OpenText Increases Share Repurchase Program to US$450 Million and Establishes Automatic Share Purchase Plan
- WATERLOO, ON , March 13, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) (the Company), today announced that it has increased its previously announced Fiscal 2025 normal course issuer bid (NCIB) by US$150 million, to purchase for cancellation up to a maximum aggregate value of US$450 million of its common shares (Common Shares). The maximum number of Common Shares that may be acquired under the NCIB will remain unchanged at the 21,179,064 Common Shares previously approved by the Toronto Stock Exchange (TSX).
- 03/13/2025
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OpenText to Showcase New Innovations to Empower Healthcare Providers at HIMSS 2025
- WATERLOO, ON , Feb. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional patient experiences to healthcare providers at the Healthcare Information and Management Systems Society Conference (HIMSS) 2025 in Las Vegas, March 3-6. Providers are facing myriad challenges and strong economic pressures, including fragmented communications across providers; paper-based administrative workflows; and rising ransomware threats.
- 02/27/2025
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OpenText Appoints Chadwick Westlake Chief Financial Officer To Reinforce Top Priorities
- WATERLOO, ON , Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns.
- 02/26/2025
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OpenText Strengthens Consumer Cybersecurity Portfolio with Comprehensive Digital Life Protection
- New Webroot Total Protection safeguards personal and financial information WATERLOO, ON , Feb. 25, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, an all-in-one cybersecurity solution built to go beyond traditional device security to deliver comprehensive digital life protection for individuals and families. With identity protection, VPN, parental controls, and unlimited cloud backup, users can safeguard their data, privacy, and online activities—all from a single, seamless platform.
- 02/25/2025
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OpenText Launches Next Generation OpenText Cybersecurity Cloud With AI Powered Threat Detection and Response Capabilities
- AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security tools WATERLOO, ON , Feb. 20, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally availability with Cloud Editions 25.2. OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities.
- 02/20/2025
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Open Text: Still Decent Risk Reward
- I rate Open Text a 'Buy' with a 1-year price target of $31.46 per share, projecting a 14.4% upside and a quarterly dividend of $0.26. OTEX's fundamentals have been choppy post-AMC divestiture, but liquidity and net margin improvements highlight potential for recovery. Key catalysts include the launch of Titanium X and a new licensing model, both expected to drive growth and margin expansion.
- 02/18/2025
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OTEX CFO on A.I. in Software & Hyperscaler Partnerships
- Mandu Ranganathan, CFO of Open Text (OTEX), discusses how the company has evolved through A.I. integration.
- 02/11/2025
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Open Text Corporation (OTEX) Q2 2025 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q2 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Greg Secord - Head, IR Mark Barrenechea - CEO and CTO Madhu Ranganathan - President and Leader, Corporate Development Todd Cione - President, Worldwide Sales Conference Call Participants Raimo Lenschow - Barclays Bill Fitzsimmons - Jefferies Thanos Moschopoulos - BMO Capital Markets Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Seth Gilbert - UBS Kevin Krishnaratne - Scotiabank Richard Tse - National Bank Financial Operator Thank you for standing by. This is the conference operator.
- 02/06/2025
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Open Text (OTEX) Beats Q2 Earnings and Revenue Estimates
- Open Text (OTEX) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.24 per share a year ago.
- 02/06/2025
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OpenText Reports Second Quarter Fiscal Year 2025 Financial Results
- Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6% GAAP EPS of $0.87, Non-GAAP EPS of $1.11 Operating Cash Flows of $348M and Free Cash Flows of $307M Fiscal 2025 Second Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,335 $1,053 $462 (13.1) % (8.1) % +2.7 % Annual Recurring Revenues represent 79% of Total Revenues "OpenText's Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company's top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns," said Mark J.
- 02/06/2025
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3 Top Tech Stocks to Buy in February
- The technology sector is projected to experience significant growth in 2025, with worldwide IT spending expected to reach approximately
- 02/05/2025
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OpenText named one of Canada's Best Employers 2025 for the fifth consecutive year by Forbes
- WATERLOO, ON , Feb. 5, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of Canada's Best Employers 2025 by Forbes. The list, which is generated by Forbes in partnership with Statista, celebrates top organizations across Canada for their work flexibility, focus on professional development, growth opportunities, and more.
- 02/05/2025
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OpenText appoints Savinay Berry as EVP & Chief Product Officer
- WATERLOO, ON , Jan. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the strategic appointment of Savinay Berry as EVP & Chief Product Officer for the global information management leader. Mr. Berry will lead a charter focused on products and innovation across the company's wide set of data-oriented domains to help drive growth.
- 01/27/2025
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OpenText Recognized as a Leader in Four 2024 IDC MarketScape Reports
- OpenText delivers seamless, personalized and secure digital experiences across its portfolio WATERLOO, ON , Jan. 24, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has been recognized as a Leader in four 2024 IDC MarketScape reports solidifying the company's delivering against today's biggest industry challenges. The OpenText Experience Cloud suite of solutions, in which the evaluated solutions are inclusive of, is designed to help organizations optimize their customer journeys with actionable, data-driven insights, empower teams to create exceptional customer experiences and engage with customers through tailored, preference-based interactions.
- 01/24/2025
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OpenText to Report Second Quarter Fiscal Year 2025 Financial Results on Thursday, February 6, 2025
- WATERLOO, ON , Jan. 13, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2025 will be released on Thursday, February 6, 2025, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast Mark J.
- 01/13/2025
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Open Text Corporation (OTEX) Barclays 22nd Annual Global Technology Conference (Transcript)
- Open Text Corporation (NASDAQ:OTEX ) Barclays 22nd Annual Global Technology Conference December 12, 2024 4:20 PM ET Company Participants Greg Secord - Vice President, Investor Relations Madhu Ranganathan - President and CFO Conference Call Participants Raimo Lenschow - Barclays Raimo Lenschow Welcome to our next session. I know as a speaker we have like Madhu, and Madhu will join us in a minute, but Greg is -- because she's stuck on traffic.
- 12/12/2024
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OpenText Partners with Secure Code Warrior to Deliver Comprehensive Application Security and Customized Developer Risk Management
- The new agreement empowers development teams with continuous upskilling to turn security into a strategic advantage, reduce risks, and elevate customer trust WATERLOO, ON , Dec. 5, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced a strategic partnership with Secure Code Warrior to integrate its dynamic learning platform into the OpenText Fortify application security product suite. This partnership will help developers improve their secure coding skills through real-time training to reduce risks, quickly identify and resolve vulnerabilities, and ultimately build greater trust with customers.
- 12/05/2024
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Open Text: Not Quite As Cheap As It Seems, But Still A Buy
- Open Text appears to be exceptionally cheap based on its single-digit non-GAAP P/E ratio and strong growth prospects. I believe shares aren't quite as discounted as they might seem at first glance. That said, there is still value here at Open Text as long as you take several considerations into account.
- 12/05/2024
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Is the Options Market Predicting a Spike in Open Text (OTEX) Stock?
- Investors need to pay close attention to Open Text (OTEX) stock based on the movements in the options market lately.
- 12/02/2024
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OpenText Appoints Fletcher Previn to Board of Directors
- WATERLOO, ON , Nov. 26, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Fletcher Previn to its board of directors. Mr. Previn is Senior Vice President & Chief Information Officer of Cisco Systems, Inc., a worldwide technology leader that connects a broad range of technologies that help to power, secure, and draw insights from the Internet.
- 11/26/2024
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OpenText Makes Multi-Cloud Work with Cloud Editions 24.4
- Next-generation cloud, security, AI-integrated innovations unveiled at OpenText World 2024 WATERLOO, ON , Nov. 19, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today unveiled Cloud Editions (CE) 24.4 at OpenText World 2024, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work. This release delivers secure, AI-integrated solutions that strengthen data connectivity, streamlines workflows, and enhances human potential—addressing the needs of forward-thinking CIOs and business leaders navigating multi-cloud environments.
- 11/19/2024
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OpenText Expands Partner Ecosystem access across Full OpenText Product Suite
- WATERLOO, ON , Nov. 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that the OpenText Partner Network now has expanded access to sell OpenText's entire portfolio of solutions for information management, including Content Services, Experience Management, Security, IT Operations Management, and Developer tools along with accelerants, such as cloud, artificial intelligence, automation and analytics. "This is a major milestone for our Partner Network, following our acquisition of Micro Focus," said Sandy Ono, EVP and Chief Marketing Officer, OpenText.
- 11/18/2024
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OpenText Launches New Partner Enterprise Learning Subscription
- New program helps Partners build skills and gives customers confidence in their Partner choice WATERLOO, ON , Nov. 18, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced a new Partner Enterprise Learning Subscription today at OpenText World 2024. The Partner Enterprise Learning Subscription gives Partners the ability to build the skills they need at scale and helps customers verify their Partner has the relevant product-related skills, giving them confidence in their choice of Partner.
- 11/18/2024
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OpenText to Elevate Human Potential with Robust AI Masterclasses at OpenText World 2024
- Google Cloud and SAP confirmed as Innovator-level sponsors, supporting the future of AI and digital transformation WATERLOO, ON , Nov. 15, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced its full slate of interactive workshops, learning pathways, and business solution focus areas for OpenText World 2024, the premier event for information management, set to take place at the Venetian Resort in Las Vegas from November 18-21, 2024. This year's conference will spotlight cutting-edge integrations and solutions that seamlessly combine AI, cloud, and security to deliver a holistic approach to business information management.
- 11/15/2024
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OpenText World 2024 Unites Industry Leaders to Tackle AI and Information Management
- Pioneering experts gather in Las Vegas to explore a future driven by AI knowledge workers, cloud, and next-generation security WATERLOO, ON , Nov. 15, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced its roster of keynote and guest speakers for OpenText World 2024, the leading information management conference, set to take place in-person and virtually at the Venetian Hotel Resort, Las Vegas, from November 18-21, 2024. This year's conference will bring together leading experts in business and technology to explore the transformative potential of AI and information management, focusing on how AI-driven knowledge workers will reimagine business operations for the next generation.
- 11/15/2024
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Open Text Corporation (OTEX) Q1 2025 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q1 2025 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Greg Secord - Vice President, Investor Relations Mark Barrenechea - Chief Executive Officer and CTO Madhu Ranganathan - President and CFO Conference Call Participants Steven Enders - Citi Billy Fitzsimmons - Jefferies Raimo Lenschow - Barclays Erin Kyle - CIBC Mike Stevens - National Bank Financial Thanos Moschopoulos - BMO Capital Markets Kiran Sritharan - Eight Capital Operator Thank you for standing by. This is the conference operator.
- 10/31/2024
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Open Text (OTEX) Surpasses Q1 Earnings Estimates
- Open Text (OTEX) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.01 per share a year ago.
- 10/31/2024
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OpenText Cybersecurity Unveils 2024's Nastiest Malware: Ransomware Threats Escalate Against Critical Infrastructure
- As cyberattacks grow more insidious, organizations are ramping up cybersecurity investments to defend essential services WATERLOO, ON , Oct. 31, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), has revealed its highly anticipated "Nastiest Malware of 2024" list, spotlighting the year's most notorious cyber threats. Now in its seventh year, OpenText's cybersecurity experts have identified the most relentless and adaptive malware trends impacting industries worldwide.
- 10/31/2024
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OpenText Reports First Quarter Fiscal Year 2025 Financial Results
- Total Revenues of $1.27B, 15 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 7%, Robust Adjusted EBITDA Margin of 35.0% GAAP EPS of $0.32, Non-GAAP EPS of $0.93 Purchased and Canceled 7.72M Shares Over the Last Two Quarters Fiscal 2025 First Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) $1,269 $1,053 $457 (11.0) % (8.4) % +1.3 % Annual Recurring Revenues represent 83% of Total Revenues "In our first full quarter after the AMC divestiture, we delivered $1.27 billion in total revenues, 35% Adjusted EBITDA Margin, and our 15th consecutive quarter of organic cloud revenue growth," said Mark J. Barrenechea, OpenText CEO & CTO.
- 10/31/2024
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OpenText Recognized as One of the World's Top Companies for Women by Forbes for the Second Consecutive Year
- Company ranks in the top 20% of global companies included on this year's list WATERLOO, ON , Oct. 29, 2024 /PRNewswire/ -- OpenTextTM (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of the World's Top Companies for Women 2024 by Forbes. The list, which is generated by Forbes in partnership with Statista, celebrates global companies that support women in the workplace.
- 10/29/2024
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OpenText Unveils Secure Cloud Evolution to Supercharge Managed Service Provider (MSP) Business Growth
- New bundles, integrated task management and enhanced billing capabilities empower MSPs to deliver comprehensive security services with ease WATERLOO, ON , Oct. 22, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced a major evolution of its Secure Cloud platform, designed to drive growth for managed security providers (MSPs). With fresh features like automated provisioning, enriched product bundling, integrated task management and improved reporting and analytics, the platform streamlines MSP operations helping them focus on customer growth and retention.
- 10/22/2024
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World Quality Report 2024 shows 68% of Organizations Now Utilizing Gen AI to Advance Quality Engineering
- Developer productivity and quality engineering has passed the tipping point of adopting generative AI to drive business success, says the 16th edition of the report WATERLOO, ON , Oct. 22, 2024 /PRNewswire/ -- OpenText™, in collaboration with Capgemini and Sogeti (part of the Capgemini Group), today announced the findings of the 16th edition of the World Quality Report, "New Futures in Focus." The report reveals significant developments in Quality Engineering (QE), with a growing emphasis on the integration of Generative AI (Gen AI) and a notable shift in the skills required to excel in Agile development environments.
- 10/22/2024
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OpenText Partnership with Cork Delivers Peace of Mind with Comprehensive Cybersecurity and Cyber Warranty Solutions for SMBs and MSPs
- New collaboration provides elevated service offerings with financial protection to attract and retain clients resulting in increased revenue streams WATERLOO, ON , Oct. 21, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced a strategic partnership with Cork Inc., adding the cyber warranty solutions to provide a holistic solution portfolio tailored specifically for Small and Medium Businesses (SMBs) and Managed Service Providers (MSPs). This alliance will empower MSPs to offer a distinctive blend of award-winning cybersecurity solutions and robust financial protection to enhance their customer offerings.
- 10/21/2024
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OpenText Cybersecurity's 2024 Ransomware Survey: Supply Chain Attacks Surge, Ransom Payments Persist
- While companies improve defenses, almost half of respondents still suffer ransomware attacks and the resulting ransom payments only perpetuate the cycle of vulnerability WATERLOO, ON , Oct. 10, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today released its third annual 2024 Global Ransomware Survey, which reveals the current state of ransomware attacks, including ransom payments, the impact of software supply chain attacks and generative AI. The report found that supply chain attacks are widespread with 62% of respondents having been impacted by a ransomware attack originating from a software supply chain partner in the past year.
- 10/10/2024
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OpenText to Report First Quarter Fiscal Year 2025 Financial Results on Thursday, October 31, 2024
- WATERLOO, ON , Oct. 9, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its first quarter fiscal year 2025 will be released on Thursday, October 31, 2024, at approximately 7:00 a.m. ET. OpenText to Host Conference Call Webcast Mark J.
- 10/09/2024
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OpenText Report Raises Awareness for Consumer Digital Life Protection as Privacy Concerns Increase with Generative AI Use
- As generative AI usage becomes more widespread, two-thirds of respondents expressed concern about AI systems collecting their data WATERLOO, ON , Oct. 3, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today released the results of Webroot's 2024 GenAI Consumer Trends and Privacy Report. The survey of over 1,000 U.S. consumers found that 39% of consumers use generative AI at least weekly, but significant privacy concerns persist, especially among parents.
- 10/03/2024
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Are Investors Undervaluing Open Text (OTEX) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/01/2024
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OpenText Cybersecurity's 2024 Threat Hunter Perspective Shows Collaboration Between Nation-States and Cybercrime Rings to Inflict More Damage
- Adversaries are taking advantage of weak security fundamentals and a lack of countermeasures to carry out cyberattacks WATERLOO, ON , Sept. 27, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today released the results of its 2024 Threat Hunter Perspective.
- 09/27/2024
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OpenText Announces Voting Results for Election of Directors
- WATERLOO, ON , Sept. 12, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) confirmed today that the nominees listed below were re-elected by shareholders at its annual meeting of shareholders (the "Meeting") held virtually today.
- 09/12/2024
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OpenText Named One of the World's Best Companies by TIME Magazine for the Second Consecutive Year
- Recognition is the latest in a series of leader and employer awards received by the company WATERLOO, ON , Sept. 12, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that it has been included in the TIME World's Best Companies 2024 ranking.
- 09/12/2024
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OpenText IT Management Platform Achieves FedRAMP® Authorization
- New FedRAMP authorized solution provides government organizations a simpler way to deliver IT services WATERLOO, ON , Sept. 11, 2024 /PRNewswire/ -- OpenText (NASDAQ: OTEX, TSX: OTEX) today announced it has received authorization for the OpenText IT Management Platform (ITMX) from the Federal Risk and Authorization Management Program (FedRAMP®), advancing OpenText's commitment to providing comprehensive and modern, government-compliant and secure cloud solutions.
- 09/11/2024
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OpenText Harnesses AI to Revolutionize DevSecOps at Global Virtual Summit
- Virtual Summit to Feature Industry Experts and Deep-Dive Sessions on the Latest AI-enabled DevSecOps Trends WATERLOO, ON , Sept. 10, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), is excited to announce the upcoming OpenText DevSecOps Virtual Summit 2024, a premier virtual event designed for developers, security professionals and technology leaders focused on the intersection of development and security.
- 09/10/2024
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OpenText Named a Leader in IDC MarketScape: Worldwide Intelligent Content Services 2024
- WATERLOO, ON , Sept. 9, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today announced that OpenText has been named a Leader in the IDC MarketScape: Worldwide Intelligent Content Services2024 Vendor Assessment (doc #US51467323, September 2024).
- 09/09/2024
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OpenText Analytics Digital Summit 2024 Provides Insight for Revolutionizing Business Analytics with AI
- Virtual Summit to Feature Renowned Customer Speakers and In-Depth Sessions on the Future of Data Analytics WATERLOO, ON , Sept. 6, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the upcoming OpenText Analytics Digital Summit 2024, a premier virtual event that brings together industry leaders, data experts and technology innovators from around the globe.
- 09/06/2024
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Open Text Corporation (OTEX) Citi's 2024 Global TMT Conference Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Citi's 2024 Global TMT Conference Call September 5, 2024 4:40 PM ET Company Participants Madhu Ranganathan - President, CFO & Corporate Development Conference Call Participants Steven Enders - Citi Steven Enders Well, thanks, everybody, for being here. I think we're at the last session of the day for day 2 of the Citi Technology Conference.
- 09/05/2024
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Nippon Gases Deutschland Aligns with OpenText to Accelerate E-Invoicing Compliance Ahead of German Mandates
- This strategic partnership aims to streamline compliance with Germany's evolving e-invoicing mandates through OpenText's advanced cloud solutions WATERLOO, ON , Sept. 5, 2024 /PRNewswire/ -- Nippon Gases Deutschland, the German business unit of Nippon Sanso Holdings Corporation (NSHD) an industrial and medical gases company, is partnering with OpenText™ (NASDAQ: OTEX), (TSX: OTEX), to expedite the implementation of mandatory B2B e-invoicing in Germany, ahead of the January 1, 2025 deadline.
- 09/05/2024
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OpenText (OTEX) to Secure Serica Energy's Operations in UK
- OpenText's (OTEX) Content Cloud and Extended ECM for Engineering solutions are set to optimize processes of Serica Energy.
- 08/20/2024
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Serica Energy Partners with OpenText to Fuel Operational Excellence
- Upstream oil and gas company uses OpenText to streamline engineering information and accelerate time to completion while reducing risk WATERLOO, Ontario , Aug. 19, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that Serica Energy, an independent British upstream oil and gas company with operations centered on the UK North Sea, has selected OpenText Content Cloud™ and OpenText Extended ECM for Engineering™ as strategic solutions to efficiently control engineering information, work processes, and risk across the lifecycle of projects and operations, while accelerating operational efficiencies. Serica Energy is one of the top ten oil and gas producing companies in the UK, making a vital contribution to the country's security of energy supply.
- 08/19/2024
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Open Text Corporation (OTEX) Oppenheimer's 27th Annual Technology, Internet & Communications Conference (Transcript)
- Open Text Corporation (OTEX) Oppenheimer's 27th Annual Technology, Internet & Communications Conference (Transcript)
- 08/12/2024
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Pick n Pay Achieves 95% Automation in Software Testing with OpenText AI innovation
- OpenText™ DevOps Aviator reduces manual testing time, boosts coverage, and accelerates development cycles, enhancing Pick n Pay's digital services WATERLOO, Ontario , Aug. 12, 2024 /PRNewswire/ -- Pick n Pay Group, a leading retailer with over 1,650 stores across seven African countries, has partnered with OpenText™ (NASDAQ: OTEX), (TSX: OTEX) to supercharge its software testing processes. By leveraging generative-AI and private large language models (LLM), Pick n Pay has automated 95% of its software testing, cutting testing times by up to three days and significantly improving its digital services for ecommerce customers.
- 08/12/2024
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Legal Professionals Gain a Strategic Advantage with AI-Powered OpenText Axcelerate with Aviator
- Advanced analytics, technology-assisted review, and generative AI empowers legal teams to be more proactive, productive, and powerful WATERLOO, ON , Aug. 8, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) unveiled its OpenText Axcelerate with Aviator, a groundbreaking innovation to its eDiscovery platform, recently enhanced in the company's Cloud Editions 24.3 product release. Designed for legal professionals, Axcelerate with Aviator elevates legal professionals through the power of Large Language Models (LLMs) to drive data-driven insights, mitigate risks, and lower eDiscovery costs.
- 08/08/2024
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Open Text Corporation (OTEX) Q4 2024 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q4 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Harry Blount - SVP, IR Mark Barrenechea - Chief Executive Officer, Chief Technology Officer and Vice Chair Madhu Ranganathan - President, CFO and Corporate Development Todd Cione - President and Worldwide Sales Paul Duggan - President and Chief Customer Officer Muhi Majzoub - Executive Vice President and Chief Product Officer Sandy Ono - Chief Marketing Officer Shannon Bell - CDO and CIO Conference Call Participants Raimo Lenschow - Barclays George Kurosawa - Citi Thanos Moschopoulos - BMO Capital Markets Samad Samana - Jefferies Paul Treiber - RBC Capital Markets Stephanie Price - CIBC Richard Tse - National Bank Financial Adhir Kadve - Eight Capital Operator Thank you for standing by. This is the conference operator.
- 08/01/2024
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Open Text (OTEX) Q4 Earnings and Revenues Miss Estimates
- Open Text (OTEX) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.91 per share a year ago.
- 08/01/2024
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OpenText Reports Fourth Quarter and Fiscal Year 2024 Financial Results, Raises Fiscal 2025 Margin Targets
- – Delivers Total Annual Revenues of $5.8 Billion with 29% Growth – – Announces New $300 Million Share Repurchase Program – – Increases Annualized Dividend By 5% – Fiscal 2024 Annual Highlights Y/Y Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) Reported Constant Currency Reported Constant Currency Reported Constant Currency $5,770 $5,729 $4,534 $4,506 $1,821 $1,816 +28.6 % +27.7 % +25.4 % +24.6 % +7.1 % +6.8 % Annual Recurring Revenues represent 79% of Total Revenues "OpenText delivered solid Fiscal 2024 financial results with total revenues of $5.8 billion, representing a 29% year-over-year growth, we grew organically, and delivered $2 billion in Adjusted EBITDA Dollars, or 34%. Looking ahead into Fiscal 2025, we are focused on extending our Information Management competitive advantage, expanding margin, delivering a record year of capital return with our new $300 Million Share Repurchase program, and increasing our annualized dividend from $1 per share to $1.05 per share.
- 08/01/2024
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3 Emerging Tech Stocks to Consider This Earnings Season
- As the earnings season unfolds, emerging tech stocks are capturing increased attention. While mega- and large-cap tech stocks propelled markets to record highs in the first half of 2024, they now face challenges, creating an opening for the next generation of tech innovators.
- 07/30/2024
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Is the Options Market Predicting a Spike in Open Text (OTEX) Stock?
- Investors need to pay close attention to Open Text (OTEX) stock based on the movements in the options market lately.
- 07/24/2024
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Forget Adobe: This Stock Is the Next Millionaire Maker
- The world of software has many household names, including Adobe (NASDAQ: ADBE).
- 07/24/2024
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OpenText Cloud Editions 24.3 Unlocks Innovation and Productivity for Developers and Knowledge Workers Through Trusted Data
- New cloud, security, AI – integrated product innovations let the machines do the work to elevate human potential WATERLOO, Ontario , July 16, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced its latest groundbreaking product innovations with Cloud Editions (CE) 24.3. This release represents a significant leap forward in integrating advanced information management capabilities, trusted cloud solutions, robust security measures, and cutting-edge artificial intelligence (AI) to optimize data performance for simpler, but superior, results.
- 07/16/2024
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3 Moonshot Stocks That Could Turn $5,000 Into $25,000
- This article is an excerpt from the InvestorPlace Digest newsletter. To get news like this delivered straight to your inbox, click here.
- 07/15/2024
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Just What the Doctor Ordered: 2024 OpenText Hackathon to Focus on Sustainability in Healthcare
- Hackathon to drive innovation and inspire developers to make a difference with their skills WATERLOO, ON , July 12, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that its 2024 Hackathon, Hacknosis: Sustainable MedTech, opens July 15, ending on August 15. The main objective of the virtual event is to develop a solution, using at least one OpenText API, that solves challenges in MedTech sustainability, social sustainable design and carbon accounting in technology.
- 07/12/2024
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The 3 Most Undervalued Software Stocks to Buy in July 2024
- It might seem like it's way too late to be looking for undervalued software stocks in July 2024. After all, the Nasdaq 100 Index has been going virtually straight up for the past two years.
- 07/11/2024
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OpenText to Report Fourth Quarter Fiscal Year 2024 Financial Results on Thursday, August 1, 2024
- WATERLOO, ON , July 10, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter fiscal year 2024 will be released on Thursday, August 1, 2024, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast Mark J.
- 07/10/2024
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OpenText Appoints Annette Rippert to Board of Directors
- WATERLOO, ON, July 9, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Annette Rippert to its board of directors. Ms. Rippert is a seasoned executive having served in key senior leadership roles at Accenture, including most recently as its Group Chief Executive – Strategy & Consulting until her retirement from Accenture.
- 07/09/2024
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Open Text to cut 1,200 jobs as part of cost-saving plan
- Shares of Open Text Corp. OTEX rose 0.5% in premarket trading Wednesday, after the enterprise software company disclosed that it was cutting 1,200 jobs as part of a “business optimization” plan aimed at saving about $200 million a year. The company said it expect to book $60 million in restructuring charges, which will by substantially recognized in the fiscal first quarter of 2025, which runs through Sept. 30. The company added that the optimization plan also included a reinvestment of $50 million a year for about 800 new positions in its sales, professional services and engineering segments. In total, the company expects...
- 07/03/2024
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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), the information company™, today announced it has achieved "fully authorized" status by the Federal Risk and Authorization Management Program (FedRAMP) for its Cloud for Government solution in the United States which now includes OpenText Extended ECM and OpenText AppWorks, two core products within the OpenText Content Cloud portfolio. The FedRAMP program promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security authorization for cloud service offerings.
- 06/14/2024
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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 Management (UEM) Software for Small and Medium-Sized Businesses (SMBs) 2024 Vendor Assessment (doc #US51779424, April 2024), and the IDC MarketScape: Worldwide Client Endpoint Management Software for Microsoft Windows Devices 2024 Vendor Assessment (doc #US51234324, April 2024). According to the IDC MarketScape for UEM SMBs, "OpenText's UEM product, ZENworks, provides strong device and application management functionality across PC, mobile device, and IoT endpoint form factors, covering all major operating systems.
- 06/12/2024
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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: OTEX) today released the findings of its annual OpenText Cybersecurity Global Managed Security Survey. The 2024 survey of over 1,500 Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) found that the majority (92.5%) see increasing AI-led security and threat intelligence services as the major drivers of business growth over the next 12 months.
- 06/10/2024
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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 information company, today showcased a powerful suite of SAP custom solutions with generative AI to revolutionize information management within SAP processes. These new enhanced capabilities enable future knowledge workers using SAP to integrate, search, and apply archived information – while controlling long-term cloud costs, reducing risks, meeting industry-specific compliance rules, and improving worker efficiencies.
- 06/03/2024
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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™: Document Mining and Analytics Platforms, Q2 2024. In their recently published vendor evaluation, Forrester analyzed 14 document mining and analytics providers, using a 25-criterion evaluation to score them.
- 05/31/2024
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OpenText (OTEX) Acquires Pillr to Boost Cybersecurity Offerings
- OpenText (OTEX) acquires a managed detection and response platform from Novacoast as a threat-hunting tool for Managed Service Providers.
- 05/24/2024
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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: OTEX), today announced that it has purchased Pillr, an MDR platform from Novacoast, Inc. Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that includes Managed Detection and Response and powerful threat-hunting capabilities. This combination of Pillr technology and OpenText security expertise provides enhanced threat hunting, monitoring, and response for customers where skill gaps, skill shortages, and alert fatigue create a significant need today.
- 05/22/2024
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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 proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due 2030. Please see investors.opentext.com for more information about the Company.
- 05/08/2024
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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 organizations against the ever-growing complexity of cyber threats. As the threat landscape continues to evolve, security teams face the challenge of securing every element of their IT environment.
- 05/06/2024
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Open Text: Decent Cash-Generating Business With Temporary Headwinds
- OpenText is a Canadian company that develops information management software for the enterprise market. Recent performance has been volatile, driven by recent selloffs after Q3 earnings call as Open Text projects lower revenue guidance in FY 2025 due to major divestiture. Nonetheless, Open Text's strong focus on reducing debt and increasing shareholder returns through buybacks and dividend increase could drive upside.
- 05/05/2024
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Open Text Corporation (OTEX) Q3 2024 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q3 2024 Earnings Call Transcript May 2, 2024 5:00 PM ET Company Participants Harry Blount - SVP, IR Mark J. Barrenechea - CEO & CTO Madhu Ranganathan - President, CFO and Corporate Development Conference Call Participants Daniel Chan - TD Cowen Paul Treiber - RBC Capital Markets Billy Fitzsimmons - Jefferies Adhir Kadve - Eight Capital Thanos Moschopoulos - BMO capital markets Kevin Krishnaratne - Scotiabank Stephanie Price - CIBC Operator Thank you for standing by.
- 05/02/2024
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Open Text (OTEX) Q3 Earnings Meet Estimates
- Open Text (OTEX) came out with quarterly earnings of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.73 per share a year ago.
- 05/02/2024
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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 millions) Cloud Revenues (in millions) Reported Constant Currency Reported Constant Currency Reported Constant Currency $1,447 $1,444 $1,146 $1,143 $455 $454 +16.3 % +16.0 % +13.3 % +13.1 % +4.4 % +4.4 % Annual Recurring Revenues represent 79% of Total Revenues Total revenues of $1.447 billion, up 16.3% Y/Y or up 16.0% in constant currency (CC) Annual Recurring Revenues (ARR) of $1.146 billion, up 13.3% Y/Y or up 13.1% in CC Cloud revenues of $455 million, up 4.4% Y/Y and up 4.4% in CC Quarterly enterprise cloud bookings(1) of $165 million, up 52.6% Y/Y Operating cash flows of $385 million, up 14.2% Y/Y Free cash flows(2) of $348 million, up 13.9% Y/Y GAAP-based net income of $98 million Adjusted EBITDA(2) of $464 million, up 27.0% Y/Y, margin of 32.0% GAAP-based diluted earnings per share (EPS) of $0.36, Non-GAAP diluted EPS(2) of $0.94 Completed previously announced sale of AMC business to Rocket Software for $2.275 billion in cash before taxes, fees and other adjustments WATERLOO, ON , May 2, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the third quarter ended March 31, 2024. "OpenText delivered strong financial performance in Q3 with revenues of $1.45 billion, or 16% year-over-year growth, reflecting customer demand for information management and new AI capabilities," said Mark J.
- 05/02/2024
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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 of its AMC/Mainframe business to Rocket Software, Inc., a Bain Capital portfolio company ("Rocket Software"), for $2.275 billion in cash before taxes, fees and other adjustments. "We are pleased to complete the divestiture of our AMC/Mainframe business to Rocket Software," said Mark J.
- 05/01/2024
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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 challenges. Developers spend a significant amount of time searching for open source libraries that comply with their company intake policies.
- 04/29/2024
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Open Text (OTEX) Reports Next Week: Wall Street Expects Earnings Growth
- Open Text (OTEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2024
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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 March 11th.
- 04/19/2024
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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 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today announced Cloud Editions (CE) 24.2 at its OpenText World Europe conference April 15-18. OpenText's innovations combine trusted information management solutions and data strategies with advanced artificial intelligence (AI) capabilities to make work smarter, safer, and simpler.
- 04/15/2024
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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/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, today began its OpenText World Europe event taking place in three locations, London, Munich and Paris, April 15 – 18. OpenText is excited to bring together customers, partners, and industry luminaries to explore the transformative power of information management and artificial intelligence (AI) to elevate human potential.
- 04/15/2024
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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 Thursday, May 2, 2024, at approximately 4:00 p.m. ET. OpenText to Host Conference Call Webcast Mark J.
- 04/09/2024
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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 promotions of Paul Duggan as President and Chief Customer Officer, and Madhu Ranganathan as President, CFO & Corporate Development. Mr. Cione will lead a charter focused on spearheading the company's global go-to-market strategy and revenue growth, with OpenText's global sales and sales operations functions reporting directly to him.
- 04/08/2024
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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 information company, today announced that it has been selected by Coroplast Group, a leading manufacturer in the fields of Technical Adhesive Tapes, Wires & Cables, and Wire Harnesses, as its e-invoicing provider for Poland. OpenText's e-invoicing solutions will empower the growing global company to confidently manage mandatory governmental requirements in Poland, partnering toward the goals of a seamless connection to the Polish KSeF-portal and compliance with the local mandate.
- 04/02/2024
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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 their commercial use partner license agreement. This long-standing collaboration underscores OpenText's commitment to and support for X12 standards across its expansive supply chain network.
- 03/27/2024
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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 customer conferences taking place in London , Munich , and Paris . The event series will bring together industry leaders, innovators, and customers to discuss how technology can enable global organizations to build for growth, experience, and sustainability.
- 03/18/2024
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Dreaming in Dividends: 7 Tech Stocks That Pay You While You Sleep
- When the subject of passive income comes around, you're not always thinking about dividend tech stocks. Instead, the ideas usually center around giant consumer goods companies, banks or utility firms – you know, institutions that are hardly exciting but command everyday relevance.
- 03/07/2024
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Open Text Corporation (OTEX) Morgan Stanley Technology, Media & Telecom Conference (Transcript)
- Open Text Corporation (NASDAQ:OTEX ) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 5:55 PM ET Company Participants Madhu Ranganathan - Executive VP & CFO Conference Call Participants Brett Klein - Morgan Stanley Brett Klein Thank you. Thanks, everyone, for joining us today.
- 03/05/2024
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Media Alert: OpenText Showcases Data-Driven Insights and AI-Powered Solutions for IT Service Management and Healthcare at Pink24 and HIMSS
- WATERLOO, ON , Feb. 27, 2024 /PRNewswire/ -- Today, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), the information company, announced its participation at two leading information and technology industry events, Pink24 and the Healthcare Information Management System Society (HIMSS) conference, to highlight how OpenText Aviator is reshaping the future of AI in IT Service Management and healthcare technology. Pink24 IT Service Management Conference & Exhibition WHAT: At Pink24, the global IT Service Management event, OpenText will showcase OpenText IT Operations Aviator, the private generative AI virtual agent for its IT Service Management platform.
- 02/27/2024
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OpenText (OTEX) CFO On Earnings, Cloud, & A.I.
- OpenText (OTEX) develops and sells enterprise information management software. CFO Madhu Ranganathan discusses OpenText's recent earnings.
- 02/09/2024
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Open Text Corporation (OTEX) Q2 2024 Earnings Call Transcript
- Open Text Corporation (OTEX) Q2 2024 Earnings Call Transcript
- 02/01/2024
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Open Text Is The Ideal Play For The AI And Tech Supercycle
- Open Text recorded a Q1'24 revenue of $1.41bn, a 75% YoY increase. Open Text leverages its existing client base for integration as it expands its range of offerings in AI. Open Text's financials show superior growth capabilities and justify greater long-run growth.
- 12/21/2023
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Open Text Corporation (OTEX) Presents at Nasdaq 49th Investor Conference (Transcript)
- Open Text Corporation (NASDAQ:OTEX ) Nasdaq 49th Investor Conference December 5, 2023 8:00 AM ET Company Participants Madhu Ranganathan - Chief Financial Officer Unidentified Company Representative All right, well, good afternoon. Hope everyone enjoyed lunch and the panel presentation.
- 12/05/2023
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Tech With Benefits: 7 Stocks Offering Growth and Passive Income
- While innovation typically coincides exclusively with a growth-centric business model, that's not always the case as these tech stocks to buy for growth and passive income demonstrates. With this category, investors can have their cake and eat it too.
- 11/30/2023
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Open Text selling unit to Bain Capital-backed Rocket Software for $2.28B
- Open Text Corp.'s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, for $2.28 billion in cash. OpenText's AMC unit specializes in mainframe modernization and connectivity software for more than 10,000 customers.
- 11/29/2023
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Open Text Corporation's (OTEX) Q1 2024 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q1 2024 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Harry Blount - Senior Vice President of Investor Relations Mark Barrenechea - CEO and CTO Madhu Ranganathan - Executive Vice President and CFO Paul Duggan - Executive Vice President and Chief Customer Officer Conference Call Participants Richard Tse - National Bank Financial Thanos Moschopoulos - BMO Capital Markets Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Stephanie Price - CIBC Adhir Kadve - Eight Capital Daniel Chan - TD Cowen Operator Thank you for standing by. This is the conference operator.
- 11/02/2023
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7 Top Tech Stocks to Buy That Also Pay Dividends
- Although the innovation space generally focuses on growth, these tech stocks that pay dividends prove that the sector is more diverse than advertised. Essentially, investors can get the best of both worlds, leveraging the power of digitalization combined with passive income.
- 10/05/2023
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Open Text Corporation's Big Challenge Is Organic Growth In Fiscal 2024
- Open Text Corporation offers digital transformation software capabilities to organizations worldwide. The company's main offerings include information management, content cloud, business network cloud, security cloud, experience cloud, developer cloud, AI & analytics, and process automation. Open Text is aiming for 1-2% organic revenue growth in fiscal 2024 and has a focus on integrating its recent acquisition of Micro Focus.
- 10/04/2023
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Open Text Corporation (OTEX) Q4 2023 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q4 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Harry Blount - Senior Vice President-Investor Relations Mark J. Barrenechea - Chief Executive Officer and Chief Technology Officer Madhu Ranganathan - Executive Vice President and Chief Financial Officer Conference Call Participants Richard Tse - National Bank Financial George Kurosawa - Citi Kevin Krishnaratne - Scotiabank Paul Treiber - RBC Capital Markets Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Adhir Kadve – Eight Capital Steven Li - Raymond James Operator Thank you for standing by.
- 08/03/2023
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Open Text Corporation Unlikely To See Cost Synergies Until Fiscal 2024
- Open Text Corporation provides a wide range of information management software to organizations worldwide. Management says organic revenue growth is "1% to 2%" and that the company won't see major cost synergies from its Micro Focus acquisition until fiscal 2024. Although Open Text Corporation stock has rebounded in recent quarters, we really won't know how well the new combination is doing until 2024, so I remain Neutral [Hold].
- 07/26/2023
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These 5 fast-growing stocks pay generous dividends you can count on
- Across the first half of 2023, “risk-on” trades were in favor on Wall Street. Still, many investors remain skeptical of the rally.
- 07/11/2023
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OpenText to Report Fourth Quarter Fiscal Year 2023 Financial Results on Thursday, August 3, 2023
- WATERLOO, ON , July 10, 2023 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter fiscal year 2023 will be released on Thursday, August 3, 2023, at approximately 4:00 p.m. ET. Teleconference Call Mark J.
- 07/10/2023
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3 Stocks to Buy for Life-Changing Returns
- Amid concerns about inflation and the Federal Reserve's aggressive rate tightening, market conditions are anticipated to remain difficult in 2023. The ongoing Russian invasion of Ukraine further contributes to the uncertain market outlook.
- 05/30/2023
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Open Text: A Sleeper AI Stock That's Undervalued Even At Its 52-Week High
- Open Text reported its Q3 earnings which beat expectations. Company is benefiting from integrating its acquisition of Micro Focus, adding to digital analytics capabilities.
- 05/19/2023
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Lower Earnings Aside, Open Text Remains One of Canada's Top Tech Stocks
- If you only read the first paragraph, you would assume it generated a significant profit increase in the third quarter.
- 05/10/2023
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OpenText Corporation (OTEX) Q3 2023 Earnings Call Transcript
- OpenText Corporation (NASDAQ:OTEX ) Q3 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Harry Blount – Senior Vice President-Investor Relations Mark J. Barrenechea – Chief Executive Officer and Chief Technology Officer Madhu Ranganathan – Executive Vice President and Chief Financial Officer Conference Call Participants Raimo Lenschow – Barclays Daniel Chan – TD Cowen Thanos Moschopoulos – BMO Capital Markets Paul Treiber – RBC Capital Markets Stephanie Price – CIBC Adhir Kadve – Eight Capital Richard Tse – National Bank Financial Operator Thank you for standing by.
- 05/04/2023
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Is Open Text (OTEX) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 02/14/2023
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OTEX Stock: 4.33% Increase Explanation
- The stock price of Open Text Corp (NASDAQ: OTEX) increased by 4.33% in the most recent trading session. This is why.
- 02/05/2023
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Open Text Corporation (OTEX) Q2 2023 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q2 2023 Earnings Conference Call February 2, 2023 5:00 PM ET Company Participants Harry Blount - Senior Vice President of Investor Relations Mark Barrenechea - Chief Executive Officer & Chief Technology Officer Madhu Ranganathan - Executive Vice President & Chief Financial Officer Conference Call Participants Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Richard Tse - National Bank Financial Daniel Chan - TD Securities Steven Li - Raymond James Operator Thank you for standing by. This is the conference operator.
- 02/02/2023
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Open Text Corporation (OTEX) Q1 2023 Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q1 2023 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Harry Blount - Senior Vice President, Investor Relations Mark Barrenechea - Chief Executive Officer and Chief Technology Officer Madhu Ranganathan - Executive Vice President and Chief Financial Officer Conference Call Participants George Kurosawa - Citi Stephanie Price - CIBC Paul Treiber - RBC Capital Markets Richard Tse - National Bank Financial Thanos Moschopoulos - BMO Capital Markets Daniel Chan - TD Securities Operator Thank you for standing by. This is the conference operator.
- 11/04/2022
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Why Open Text Stock Crashed 15% Since Last Week
- Slowed growth already weighed on Open Text stock before the 15% crash last week. The recent crash was triggered by an announcement of a large acquisition.
- 08/30/2022
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Why Open Text (OTEX) Is Buying Micro Focus (MFGP) for $6 Billion
- OpenText (OTEX) announced it is buying Micro Focus for $6 billion. These are the details.
- 08/26/2022
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This British cloud stock nearly doubled on Friday: what happened?
- Shares of Micro Focus International plc (LON: MCRO) nearly doubled this morning after Open Text Corp (NASDAQ: OTEX) said it will buy the software and information technology company for $6.0 billion.
- 08/26/2022
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Open Text plans to acquire Micro Focus at $6 billion valuation
- Open Text Corp. OTEX, +0.08% shares sank 5% in after-hours trading Thursday after the company announced plans to acquire British software company Micro Focus MFGP, +0.97% at a valuation of $6 billion. Open Text said it would pay 532 pence for each share of Micro Focus, roughly double the stock's closing price on the London Stock Exchange, and assume the company's debt.
- 08/25/2022
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5 Stocks in Focus That Recently Hiked Their Dividends
- Investors should consider stocks that have recently raised their dividend payments. These are: HRB, CHE, SU, OTEX, ESNT.
- 08/11/2022
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Open Text Corporation (OTEX) CEO Mark Barrenechea on Q4 2022 Results - Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q4 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Harry Blount – Senior Vice President-Investor Relations Mark Barrenechea – Vice Chair, Chief Executive Officer and Chief Technology Officer Madhu Ranganathan – Executive Vice President and Chief Financial Officer Conference Call Participants Stephanie Price – CIBC World Markets Raimo Lenschow – Barclays Richard Tse – National Bank Financial Thanos Moschopoulos – BMO Capital Markets Paul Treiber – RBC Capital Markets Operator Thank you for standing by. This is the conference operator.
- 08/06/2022
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OpenText to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Thursday, August 4, 2022
- WATERLOO, ON , July 7, 2022 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter and fiscal year 2022 will be released on Thursday, August 4, 2022 at approximately 4:00 p.m. ET. Teleconference Call Mark J.
- 07/07/2022
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Gurus Are Bulking Up on Open Text
- Open Text Corporation ( OTEX , Financial), an information management software company, manages to make it onto both GuruFocus' Buffett-Munger screen and its Undervalued Predictable screen, which is a rare feat.
- 07/05/2022
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7 Butchered Tech Stocks to Buy and Hold
- Tech stocks have faced significant challenges so far in the first half of the year, but these seven names can bring solid returns. The post 7 Butchered Tech Stocks to Buy and Hold appeared first on InvestorPlace.
- 06/24/2022
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Bernard Horn Adds 5 Stocks to Portfolio in 1st Quarter
- Polaris Capital Management leader Bernard Horn (Trades, Portfolio) released his first-quarter portfolio earlier this month.
- 05/25/2022
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Open Text Corporation's (OTEX) CEO Mark J. Barrenechea on Q3 2022 Results - Earnings Call Transcript
- Open Text Corporation (NASDAQ:OTEX ) Q3 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Harry Blount – Senior Vice President, Investor Relations Mark J. Barrenechea – Chief Executive Officer and Chief Technology Officer Madhu Ranganathan – Executive Vice President and Chief Financial Officer Conference Call Participants Stephanie Price – CIBC Thanos Moschopoulos – BMO Capital Markets James Burns – National Bank Financial Paul Treiber – RBC Capital Markets Operator Thank you for standing by.
- 05/04/2022
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5 Undervalued Predictable Opportunities in the Tech Sector
- Continuing the April sell-off, U.S. market indexes were lower on Tuesday morning as tech stocks struggled ahead of releasing earnings reports later in the week.
- 04/26/2022
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5 Predictable Stocks Trading Near 52-Week Lows
- One strategy that investors can use to search for potential value opportunities is to screen the market for stocks with a history of solid profitability and shareholder returns that are trading near their 52-week lows. While past results are not a guarantee of future performance, companies with a proven track record can often provide more stability than those that have yet to turn a profit.
- 04/15/2022
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OpenText Corp (OTEX) CEO Mark Barrenechea on Q2 2022 Results - Earnings Call Transcript
- OpenText Corp (OTEX) CEO Mark Barrenechea on Q2 2022 Results - Earnings Call Transcript
- 02/04/2022
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Open Text Corp (OTEX) CEO Mark Barrenechea on Q1 2022 Results - Earnings Call Transcript
- Open Text Corp (OTEX) CEO Mark Barrenechea on Q1 2022 Results - Earnings Call Transcript
- 11/04/2021
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Recap: Open Text Q1 Earnings
- Open Text (NASDAQ:OTEX) reported its Q1 earnings results on Thursday, November 4, 2021 at 04:01 PM. Here's what investors need to know about the announcement.
- 11/04/2021
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Open Text Corporation (OTEX) CEO Mark Barrenechea on Q4 2021 Results - Earnings Call Transcript
- Open Text Corporation (OTEX) CEO Mark Barrenechea on Q4 2021 Results - Earnings Call Transcript
- 08/05/2021
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Chesapeake Energy, Dick's Sporting Goods, Unity Software and More Wednesday Afternoon Analyst Calls
- Stocks were mixed in the midday Wednesday's trading, as the S&P 500 tried to post an all-time high for the fifth straight day.
- 06/30/2021
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OpenText Drives Cloud Growth across the Asia Pacific Region
- 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.
- 05/19/2021
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OpenText Corporation (OTEX) CEO Mark Barrenechea on Q3 2021 Results - Earnings Call Transcript
- OpenText Corporation (OTEX) CEO Mark Barrenechea on Q3 2021 Results - Earnings Call Transcript
- 05/07/2021
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OpenText Launches Webroot Business Management Console 6.0
- Modern UI and new features simplify task management, reduce user error and easily optimize security for MSPs and SMBs WATERLOO, ON, April 28, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced the release of the new Webroot® Business Management Console that offers managed service providers (MSPs) and small and medium sized businesses (SMBs) a more streamlined and intuitive user experience when optimizing, executing and managing key layers of security. The new Webroot Business Management Console provides a unified point of management across the Webroot business security portfolio including Webroot® Business Endpoint Protection, Webroot® DNS Protection and Webroot® Security Awareness Training.
- 04/28/2021
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Cloud Editions 21.2 Enables Organizations to Grow with OpenText
- OpenText announces new content services platform, 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.
- 04/14/2021
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OpenText to Report Third Quarter Fiscal Year 2021 Financial Results on Thursday, May 6, 2021
- WATERLOO, ON, April 7, 2021 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2021 will be released on Thursday, May 6, 2021 at approximately 4:00 p.m. ET. Teleconference Call Mark J.
- 04/07/2021
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OpenText launches OpenText World Europe and Asia Pacific
- The European and Asia Pacific editions of the world's largest information management conference will help customers transform their business and accelerate growth WATERLOO, ON, March 31, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the dates for OpenText World Europe (April 14-15) and OpenText World Asia Pacific (May 20-21). These will be two of the largest events OpenText has ever held, using an interactive virtual format to connect directly with customers across Europe and the Asia Pacific region.
- 03/31/2021
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OpenText Migrate Achieves AWS Outposts Ready Designation
- OpenText Migrate is trusted by enterprise customers and global systems integrators to move complex, integrated, mission-critical systems WATERLOO, Ontario, March 18, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced that that OpenText™ Migrate (formerly Carbonite Migrate) has achieved the AWS Outposts Ready designation, part of the Amazon Web Services (AWS) Service Ready Program. This designation recognizes that OpenText Migrate has demonstrated successful integration with AWS Outposts deployments.
- 03/18/2021
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Grow Faster with OpenText Cloud Edition 21.1
- 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.
- 03/11/2021
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Open Text: Valuation Worries Are Overpriced
- Open Text: Valuation Worries Are Overpriced
- 02/23/2021
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Is Open Text Corporation (OTEX) a Good Value Investor Stock?
- Let's see if Open Text Corporation (OTEX) stock is a good choice for value-oriented investors right now from multiple angles.
- 02/12/2021
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OpenText's (OTEX) CEO Mark J. Barrenechea on Q2 2021 Results - Earnings Call Transcript
- OpenText's (OTEX) CEO Mark J. Barrenechea on Q2 2021 Results - Earnings Call Transcript
- 02/05/2021
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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 WATERLOO, ON, Feb. 4, 2021 /PRNewswire/ -- Building on an unparalleled sixth generation machine learning platform, OpenText™ (NASDAQ: OTEX),...
- 02/04/2021
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3 Software Stocks to Buy in a Challenging Industry
- The Zacks Computer Software industry is benefiting from the continued digital transformation drive. Software is ubiquitous and has become the focal point of technological innovation. Apart from running devices and applications, its usage is expanding in managing infrastructure. Moreover, the industry is benefiting significantly from the ongoing cloud transition
- 01/05/2021
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OpenText Appoints Prentiss Donohue as Executive Vice President, SMB/C Sales
- WATERLOO, ON, Dec. 7, 2020 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that veteran OpenText executive Prentiss Donohue has been appointed Executive Vice President, SMB/C Sales (Small and Medium-Sized Business and Consumer). Mr. Donohue replaces Craig Stilwell,...
- 12/07/2020
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Open Text: Still Attractive
- Open Text has significantly improved its growth options. It also generates solid cash flows. The market is discounting the declining business segments and its huge leverage.
- 12/02/2020
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OpenText's (OTEX) CEO Mark Barrenechea on Q1 2021 Results - Earnings Call Transcript
- OpenText's (OTEX) CEO Mark Barrenechea on Q1 2021 Results - Earnings Call Transcript
- 11/06/2020
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Why Stocks Could Be Ready To Rally
- The market indexes pulled back significantly in the past week, with the NASDAQ 100 ETF losing 11% from its September high to its low this week.
- 09/11/2020
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The Sell-Off Accelerates, What To Do Now
- The S&P 500's sell-off accelerates. The best sectors and stocks to consider when it bottoms.
- 09/03/2020
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Dividend Challenger Highlights: Week Of August 30
- A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.
- 08/29/2020
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You Can Still Buy Industrial And Technology Stocks, But Risk Controls Are Key
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The Best Stocks To Buy On A Sell-Off
- We're seeing shifts in sector leadership that are worth watching. Our overbought indicator suggests reigning in risk.
- 08/25/2020
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Co-op Automates Supplier Onboarding with Adaptive Supply Chain Technology from OpenText
- OpenText™ (NASDAQ: OTEX, TSX: OTEX) today announced that Co-op Group, a leading UK-based grocery retailer, has automated supplier on-boarding for some of its suppliers with OpenText Trading Grid. This new self-service functionality enables rapid on-boarding, while also allowing suppliers to share real-time information on orders including the sending of Advanced Shipping Notifications (ASNs) to notify Co-op Group of pending deliveries.
- 08/18/2020
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Why I'm Worrying Over A Market Drop
- Our overbought indicator reaches rarefied air. It could be a good time to rein in risk by reducing margin and avoiding short-term calls.
- 08/17/2020
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My Tech Basket Has More Growth Than The Nasdaq 100 Stocks
- The fabled FAANG stocks and other tech darlings have been driving the returns of the S&P 500. Most investors should hold a growth kicker.
- 08/16/2020
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Estimating The Fair Value Of Open Text Corporation (NASDAQ:OTEX)
- In this article we are going to estimate the intrinsic value of Open Text Corporation (NASDAQ:OTEX) by taking the...
- 08/11/2020
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The Open Text (NASDAQ:OTEX) Share Price Has Gained 95% And Shareholders Are Hoping For More
- Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make...
- 08/11/2020
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Did Hedge Funds Make The Right Call On Open Text Corporation (OTEX) ?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 08/10/2020
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Software Provider’s Earnings Highlight the Value of Cloud Capabilities
- Open Text (ticker: OTEX) reported 80 cents in per-share earnings from $827 million in sales for its fiscal fourth quarter, which corresponds to the second calendar quarter. Analysts estimates for the second quarter came down coming into the earnings report—as they did for many other companies—because the pandemic has had an impact everywhere. Open Text’s earnings actually beat prepandemic levels.
- 08/06/2020
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OpenText Enters Agreement to Serve as the Platform of Choice for Enterprise Information Management for the U.S. National Institutes of Health
- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) announced today that U.S. National Institutes of Health (NIH) will extend deployment of OpenText™ Content Suite and OpenText™ AppWorks to support the agency's enterprise information management requirements. OpenText will support NIH with electronic document management and document workflows to expedite and improve internal processes, regulatory support systems for clinical research, records management, and laboratory and quality management.
- 08/06/2020
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OpenText Reports Fourth Quarter and Fiscal Year 2020 Financial Results
- Record Cloud, Record Annual Recurring Revenues (ARR) and Record Operating Cash FlowsDeclares Cash Dividend of $0.1746 Per Common ShareWATERLOO, Ontario, Aug.
- 08/06/2020
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South African Social Development Department Improves Service Delivery with OpenText
- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today announced the Department of Social Development of South Africa has deployed OpenText™ Documentum™ xCP, a case management framework to digitize its social assistance appeals process. The solution enables the department to provide a more effective, efficient, and accessible social assistance appeals service for its citizens and reduce legal expenditures.
- 07/29/2020
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Rising Risk? Here's What You Can Buy
- Volatility caused by dismal economic data creates opportunities. Our overbought reading is heating up, suggesting you proactively pick entry points.
- 07/24/2020
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OpenText Partners with NINJIO to Enhance Webroot Security Awareness Training for New COVID-19 Reality
- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) partnered with NINJIO, a leading cybersecurity education content provider, to expand its security awareness training program for small and medium-sized businesses (SMBs) and managed service providers (MSPs). The partnership enhances the Webroot® Security Awareness Training solution with engaging, Hollywood-style videos that feature updated COVID-19 content aimed at encouraging cyber resilient behavior such as identifying phishing emails and malicious URLs.
- 07/21/2020
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Agility Logistics Brings More Efficiency and Sustainability to Processes and Customer Service with OpenText Content Services
- WATERLOO, ON , July 15, 2020 /CNW/ -- OpenText ™ (OTEX), (OTEX.TO), today announced Agility Logistics, one of the world's largest integrated logistics providers, has deployed OpenText™ Content Services to streamline global operations, including freight and shipping via land, air and sea for more than 60,000 customers in 100 countries. Agility Logistics works with companies to move, manage and distribute the goods that underpin global commerce. To secure end-to-end information resiliency and efficiency, the company implemented OpenText Information Management technologies to provide an integrated, centralized repository for capturing, sharing and managing documents.
- 07/15/2020
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Top Stocks To Buy On A Sell-Off
- Let your winners continue winning, but begin compiling a watch list to buy on a pullback. These top-ranked industries are the best hunting ground for ideas.
- 07/13/2020
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OpenText Extends Content Services Technology for Microsoft Teams
- OpenText Extends Content Services Technology for Microsoft Teams
- 07/09/2020
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OpenText to Report Fourth Quarter and Fiscal Year 2020 Financial Results on Thursday, August 6, 2020
- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter and fiscal year 2020 will be released on Thursday, August 6, 2020 at approximately 4:00 p.m. ET.
- 07/08/2020
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New Webroot® DNS Protection Delivers Privacy and Security
- New Webroot® DNS Protection Delivers Privacy and Security
- 06/30/2020
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Rapid Radiology and OpenText Accelerate Diagnostic Results to Help Improve Patient Care
- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today announced Rapid Radiology, one of the largest teleradiology providers in the U.S, has selected OpenText™ EMR-Link™ as its comprehensive solution for electronic medical record (EMR) integration and computerized physician order entry (CPOE).
- 06/25/2020
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Open Text: Cloud Business Will Drive The Stock Higher
- Open Text has multiple growth drivers in cloud, which will drive its revenue and stock price higher. In the third quarter of fiscal year 2020, the company deliv
- 06/24/2020
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Goldilocks and the Moat Concept
- Sometimes a moat is just as important to keep customers in as it is to keep competition out Continue reading...
- 06/23/2020
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Hedge Funds Warming Up To Open Text Corporation (OTEX)
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 06/23/2020
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3 Low Forward Price-Earnings Ratio Stocks for the Value Investor
- Bristol-Myers Squibb Company tops the list Continue reading...
- 06/18/2020
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OpenText Receives 2020 SAP® Pinnacle Award SAP Solution Extensions Partner of the Year
- WATERLOO, ON, June 16, 2020 /CNW/ -- OpenTextTM (OTEX), (OTEX.TO), today announced that it has received an 2020 SAP® Pinnacle Award as the SAP Solution Extension Partner of the Year – Platforms and Technology (On Premise). SAP presents these awards annually to partners that have developed their partnership with SAP and excel in helping customers run better.
- 06/16/2020
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Waikato Regional Council Embraces Secure Digital Collaboration with OpenText
- WATERLOO, Ontario , June 9, 2020 /CNW/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX) today announced the Waikato Regional Council of New Zealand has implemented OpenText™ Content Suite and OpenText™ Core Share to provide secure collaboration and mobility, while supporting regulatory compliance and the proper retention and disposition of records. The Waikato Regional Council (WRC) manages the region's natural resources, including water, soil, air, geothermal areas and coasts. Working with OpenText™ Professional Services, the WRC upgraded to OpenText™ Content Suite to manage and govern critical business information and improve the user experience.
- 06/09/2020
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OpenText Recognized as Overall Leader in 2020 Aspire Customer Communications Management Leaderboard
- WATERLOO, Ontario , June 4, 2020 /CNW/ -- OpenText™ (OTEX), (OTEX.TO), today announced it has been recognized as an overall Leader in the 2020 Aspire Customer Communications Management (CCM) Leaderboard™ for the third year in a row. Positioned as an overall leader in the CCM market, OpenText™ Exstream is also recognized as a leader in Communications Composition, Business Automation and Omni-Channel Orchestration. The Aspire Leaderboard is an interactive tool that visualizes and ranks vendors in the CCM market.
- 06/04/2020
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Pathos and OpenText Optimize Diagnostic Workflow for the Most Vulnerable Patients
- Pathos and OpenText Optimize Diagnostic Workflow for the Most Vulnerable Patients
- 05/19/2020
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OpenText Named a Leader in IDC MarketScape for Customer Communications Management
- WATERLOO, Ontario , May 7, 2020 /CNW/ -- OpenText™ (OTEX), (OTEX.TO), today announced that it has been named a Leader in the IDC MarketScape Worldwide Customer Communications Management 2020 Vendor Assessment. OpenText™ Exstream is recognized for its out-of-the-box deep integrations to enterprise business applications, broad partner ecosystem, mature capabilities, and support for compliance regulations.
- 05/07/2020
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The 5 Biggest Canadian Software Companies
- Explore information on the largest software companies headquartered in Canada, which include some of the largest Canadian businesses overall.
- 05/05/2020
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Open Text Corp (OTEX) Q3 2020 Earnings Call Transcript
- OTEX earnings call for the period ending March 31, 2020.
- 05/01/2020
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Edited Transcript of OTEX.TO earnings conference call or presentation 30-Apr-20 9:00pm GMT
- Q3 2020 Open Text Corp Earnings Call
- 05/01/2020
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OpenText Reports Cloud Deal With Amazon Web Services: Co. Will Provide Customers Greater Choice In Deploying Info. Mgmt. Solutions
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Open Text Q3 EPS $0.610 Beats $0.580 Estimate, Reported Sales $814.700M Beat $789.490M Estimate
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OpenText Announces Cloud Agreement with Amazon Web Services
- OpenText Announces Cloud Agreement with Amazon Web Services
- 04/30/2020
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OpenText Reports Third Quarter Fiscal Year 2020 Financial Results
- OpenText Reports Third Quarter Fiscal Year 2020 Financial Results
- 04/30/2020
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First Eagle High Income Fund's 1st-Quarter Commentary
- First Eagle High Income Fund's 1st-Quarter Commentary, Stocks: HCA,OTEX,LSE:ENQ,AR,NGL,CRC, First Eagle Investment, release date:Apr 29, 2020
- 04/29/2020
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BMO Capital Maintains Outperform on Open Text, Lowers Price Target to $41
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First Eagle High Income Fund Comments on Open Text
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Why Micro Focus International Stock Popped Today
- Speculation emerges that Micro Focus may go private.
- 04/28/2020
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Open Text (OTEX) Gets a Buy Rating from RBC Capital
- RBC Capital analyst Paul Treiber maintained a Buy rating on Open Text (OTEX) today and set a price target of $45.00. The company's shares closed last
- 04/27/2020
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Open Text (OTEX) Gets a Buy Rating from RBC Capital
- RBC Capital analyst
Paul Treiber
maintained a
Buy
rating on Open Text (
OTEX
–
Research Report
) today and set a price target of
$45.00
. The company’s shares closed last Friday at $36.92.
According to
TipRanks.com
, Treiber is a 5-star analyst with
- 04/27/2020
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Zacks Investment Research Upgrades Open Text (NASDAQ:OTEX) to "Hold"
- Open Text (NASDAQ:OTEX) (TSE:OTC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, Zacks.com reports. According to Zacks, “Open Text Corporation is engaged in development of innovative intranet, extranet and e-Business applications. Since creating one of the first search engines to index […]
- 04/24/2020
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Accurate Investment Solutions Inc. Purchases 916 Shares of Open Text Corp (NASDAQ:OTEX)
- Accurate Investment Solutions Inc. increased its stake in Open Text Corp (NASDAQ:OTEX) (TSE:OTC) by 64.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,344 shares of the software maker’s stock after buying an additional 916 shares during the period. Accurate Investment Solutions Inc.’s holdings […]
- 04/24/2020
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Pre & Post COVID-19 Market Estimates-Automotive Prognostics Market 2019-2023 | Demand of Electric Vehicles to Boost Growth | Technavio
- The growing popularity of electric vehicles is creating a demand for prognostics solutions, according to Technavio.
- 04/23/2020
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OpenText Trading Grid to Integrate Dun & Bradstreet Data and Insights to Build Trust and Minimize Risk in Supply Chains
- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that it is integrating the extensive data stores of leading global provider of business decisioning data and analytics, Dun & Bradstreet, into the OpenText™ Trading Grid™ Global Partner Directory, a powerful, consolidated supplier sourcing and onboarding platform.
- 04/21/2020
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3 Key Strategies Helping Me Go Through The COVID-19 Crisis
- Focus on dividend growth (forget about dividend yield). Forgive temporary dividend suspension (but remain ruthless). Rethink your sector allocation.
- 04/21/2020
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OpenText Makes New Appointments to Executive Leadership Team
- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced the appointment of Lou Blatt as Senior Vice President, Chief Marketing Officer and Prentiss Donohue as Senior Vice President, Partners & Alliances.
- 04/20/2020
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U.S. Cyber Risk Report Highlights Need for Cyber Resilience and Security Education
- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) released Webroot's fourth annual report on consumer security behavior across the U.S. The report, "A Look at 2020's Most (And Least) Cyber-Secure States" sheds light on the continued need for greater security awareness education nationwide.
- 04/16/2020
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Open Text (NASDAQ:OTEX) Stock Rating Lowered by Zacks Investment Research
- Open Text (NASDAQ:OTEX) (TSE:OTC) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a note issued to investors on Thursday, Zacks.com reports. According to Zacks, “Open Text Corporation is engaged in development of innovative intranet, extranet and e-Business applications. Since creating one of the first search engines to index […]
- 04/16/2020
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6 Tech Stocks Trading With Low Price-Sales Ratios
- Qualcomm makes the list Continue reading...
- 04/14/2020
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6 Tech Stocks Trading With Low Price-Sales Ratios
- 6 Tech Stocks Trading With Low Price-Sales Ratios, Stocks: PLUS,SAP,QCOM,OTEX,TRMB,ENTG, release date:Apr 14, 2020
- 04/14/2020
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6 Tech Stocks Trading With Low Price-Sales Ratios
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OpenText Establishes New US Public Sector Group
- OpenText Establishes New US Public Sector Group
- 04/13/2020
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Addenda Capital Inc. Buys Brookfield Asset Management Inc, Barrick Gold Corp, Franco-Nevada ...
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Bank of New York Mellon Corp Sells 108,303 Shares of Open Text Corp (NASDAQ:OTEX)
- Bank of New York Mellon Corp reduced its position in shares of Open Text Corp (NASDAQ:OTEX) (TSE:OTC) by 24.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 343,294 shares of the software maker’s stock after selling 108,303 shares during the quarter. […]
- 04/09/2020
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OpenText Launches New Unified Cloud Integration Platform
- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today announced the launch of the new OpenText™ Trading Grid™, the world's leading cloud integration services platform. The launch combines multi-enterprise integration capabilities with a modern, microservices architecture as well as industry-leading data visualization from OpenText ALLOY™.
- 04/08/2020
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OpenText to Report Third Quarter Fiscal Year 2020 Financial Results on Thursday, April 30, 2020
- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2020 will be released on Thursday, April 30, 2020 at approximately 4:00 p.m. ET.
- 04/07/2020
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Open Text (NASDAQ:OTEX) Trading Up 7.8%
- Open Text Corp (NASDAQ:OTEX) (TSE:OTC) was up 7.8% on Monday . The stock traded as high as $36.84 and last traded at $36.64, approximately 656,209 shares were traded during mid-day trading. An increase of 8% from the average daily volume of 605,202 shares. The stock had previously closed at $34.00. Several equities research analysts have […]
- 04/07/2020
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Open Text Sees Relative Strength Rating Rise To 73
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Franklin Resources Inc. Has $99.97 Million Stake in Open Text Corp (NASDAQ:OTEX)
- Franklin Resources Inc. boosted its position in shares of Open Text Corp (NASDAQ:OTEX) (TSE:OTC) by 70.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,268,119 shares of the software maker’s stock after acquiring an additional 937,241 shares during the […]
- 04/04/2020
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OpenText Announces Enterprise World Europe Digital
- WATERLOO, Ontario , March 27, 2020 /CNW/ -- OpenText™ (OTEX), (OTEX.TO) announced details for Enterprise World Europe, which will be held on April 8 th as a fully digital, interactive event. The leading European Information Management conference will bring together experts to help companies navigate a business climate defined by disruption and uncertainty. "Enterprise World will detail insights and OpenText software to meet this challenge - from managing supply chain disruption, to navigating the new normal of remote work, to helping protect companies from unrelenting cybersecurity threats."
- 03/27/2020
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Stocks That Hit 52-Week Lows On Monday
- On Monday morning, 720 companies hit new 52-week lows.
Noteworthy Mentions:
The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
- 03/23/2020
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The Global automotive prognostics market is expected to grow by USD 8.75 bn during 2020-2024, progressing at a CAGR of 36% during the forecast period
- Global Automotive Prognostics Market 2020-2024 The analyst has been monitoring the global automotive prognostics market 2020-2024 and it is poised to grow by USD 8.75 bn during 2020-2024, progressing at a CAGR of 36% during the forecast period. Our reports on global automotive prognostics market 2020
- 03/20/2020
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How Does Open Text's (NASDAQ:OTEX) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the Open Text (NASDAQ:OTEX) share price has dived 32% in the last thirty days...
- 03/19/2020
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Here is What Hedge Funds Think About Equitable Holdings, Inc. (EQH)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/19/2020
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These Hedge Funds Dumped Domino’s Pizza, Inc. (DPZ) At The Wrong Time
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/19/2020
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Hedge Funds Have Never Been This Bullish On Jacobs Engineering Group Inc. (J)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/19/2020
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Open Text Getting Closer To Key Technical Benchmark
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Hedge Funds Were Selling Open Text Corporation (OTEX) Before Coronavirus
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 03/17/2020
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Is CNA Financial Corporation (CNA) Going to Burn These Hedge Funds?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 03/17/2020
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Open Text Earns Relative Strength Rating Upgrade
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OpenText Acquires XMedius For Communications Customer Base
- OpenText has acquired XMedius for $75 million in cash. XMedius provides a range of secure information transfer and communications to companies of all sizes. The
- 03/13/2020
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Why Square, Fastly, Zuora, GoDaddy, and Open Text Stocks Plunged Today
- The coronavirus pandemic continues to drive a broad market sell-off.
- 03/12/2020
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Stocks That Hit 52-Week Lows On Thursday
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OpenText Buys XMedius For $75M In Cash
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Oakmark International Fund Buys Rolls-Royce Holdings PLC, Naspers, Bunzl PLC, Sells Taiwan ...
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The Top Technology Stocks To Buy
- Technology is a top sector in our weekly sector ranking. Why Alteryx, Coupa Software, Globant, and Intuit are among the highest-rated technology companies in ou
- 02/21/2020
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Global Narrow Fabrics Market to Record an Impressive Growth Rate during the Forecast Period ...
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Stocks That Hit 52-Week Highs On Tuesday
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Harris Associates L P Buys Alphabet Inc, Berkshire Hathaway Inc, Liberty Global PLC, Sells ...
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Stocks That Hit 52-Week Highs On Thursday
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Altshuler Shaham Ltd Buys Simon Property Group Inc, Elbit Systems, NICE, Sells Spirit ...
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Bessemer Securities Llc Buys Open Text Corp, Amdocs, Health Care Select Sector SPDR Fund, Sells ...
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The Best Stocks To Buy On A Sell-Off
- Overbought signal remains elevated, but the percentage of stocks trading at or over 5% above their 200 DMA is declining. Don't fight the tape, but compile your
- 01/31/2020
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Open Text Q2 EPS $0.84 Beats $0.78 Estimate, Constant Currency Sales $781.8M Beat $754.83M Estimate
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Open Text (OTEX) Q2 Earnings and Revenues Top Estimates
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Stocks That Hit 52-Week Highs On Wednesday
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Citigroup Maintains Neutral on Open Text, Raises Price Target to $48
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Earnings Preview: Open Text (OTEX) Q2 Earnings Expected to Decline
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Stocks That Hit 52-Week Highs On Friday
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Stocks That Hit 52-Week Highs On Thursday
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Stocks That Hit 52-Week Highs On Wednesday
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Hedge Funds From Pershing to Blue Harbour Win on Activism
- (Bloomberg) -- Many of the biggest activist hedge funds saw blockbuster returns last year as concentrated wagers on companies from fast-food restaurants to real estate paid off.Bill Ackman’s Pershing Square Holdings Ltd. posted its best performance on record in its publicly traded hedge fund, climbing
- 01/14/2020
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Was This Cloud Grown Organically?
- There is widespread agreement among industry stakeholders that software deployment via cloud (Software as a Service, or SaaS), is the preferred business model a
- 01/10/2020
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Stocks That Hit 52-Week Highs On Friday
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Stocks That Hit 52-Week Highs On Thursday
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OpenText Announces Expansion Of OpenText Cloud In Japan
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SHAREHOLDER ALERT: WeissLaw LLP Reminds CETV, CARB, AYR, and WLH Shareholders About Its Ongoing ...
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Mackenzie Financial Corp Buys Thermo Fisher Scientific Inc, Alcon Inc, Visa Inc, Sells iShares ...
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RBC Capital Maintains Outperform on Open Text, Raises Price Target to $50
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Mid-Day Market Update: Carbonite Jumps Following Acquisition News; Lipocine Shares Plummet
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Carbonite To Be Acquired By OpenText For $1.42B
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Carbonite to be Acquired by OpenText for $23/Share in Cash
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Stock Upgrades: Open Text Shows Rising Relative Strength
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Open Text Corporation 2020 Q1 - Results - Earnings Call Presentation
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Open Text Q1 EPS $0.64 Beats $0.62 Estimate, Sales $696.9M Miss $701.15M Estimate
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Oakmark International Fund: Third Quarter 2019
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Two Dividend Stocks That May Provide Outstanding Growth
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Micro Focus Shares Halted Up 6% Following Report Open Text Considering Takeover Of Co.
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Open Text: Nothing Without Its Customer Support And Service Businesses
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Shares of several tech companies are trading higher with the broader stock market after the Chinese Minister of Commerce said the leaders of the US and China are set to meet in Washington D.C in October.
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Open Text Getting Closer To Key Technical Measure
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Open Text shares are trading lower following earnings: Q4 EPS $0.72, inline, sales $747.221M miss $764.26M estimate.
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Open Text's Earnings Outlook
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Companies That Achieved 52-Week Highs Friday
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Stocks that Broke 52-Week Highs Tuesday
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Daily Stock Pick: Open Text
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OpenText Reports Partnership With Mastercard, No Terms Disclosed
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Open Text rises to record amid Google Cloud deal expansion
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Why Open Text Will Be A Major Player In The Software Industry
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Open Text Continues To Grow With Strong Free Cash Flow Generation
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Open Text Receives Composite Rating Upgrade
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Shares of technology companies are trading lower with the overall market, which has been relatively rangebound over the last 13 sessions. The technology sector is the second worst performing today.
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Will OpenText Launch An App Marketplace?
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Surging Earnings Estimates Signal Upside for Open Text (OTEX) Stock
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Stock Upgrades: Open Text Shows Rising Relative Strength
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Stocks Showing Improving Market Leadership: Open Text Earns 81 RS Rating
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Open Text Corporation 2019 Q3 - Results - Earnings Call Slides
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Open Text Corporation (OTEX) CEO Mark Barrenechea on Q3 2019 Results - Earnings Call Transcript
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Stocks Generating Improved Relative Strength: Open Text
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Open Text (OTEX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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Buy Open Text after soft quarter - Raymond James
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OpenText Reports Pandora Selected Co.'s Media Mgmt. As Asset Storage, Mgmt. Application For Audio, Display Ads
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Barron's Picks And Pans: Conoco, Foot Locker, Open Text, Tilray And More
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Open Text: The Future Is Here
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Open Text Acquires Catalyst Repository Systems For eDiscovery Tech
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60 Biggest Movers From Friday
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Open Text Clears Technical Benchmark, Hitting 80-Plus RS Rating
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45 Stocks Moving In Friday's Mid-Day Session
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Open Text Corp shares are trading higher after the company beat Q2 earnings estimates.
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Earnings Season Preview: Open Text Near Buy Zone With EPS Due
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Analysts Estimate Open Text (OTEX) to Report a Decline in Earnings: What to Look Out for
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IBD Rating Upgrades: Open Text Shows Improved Technical Strength
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OpenText: Compelling Investment During Turbulent Times
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December 2018 Dividend Income Report
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Stocks Trading Ex Dividend For Thurs., Nov. 29, 2018
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Stocks That Will Be Trading Ex Dividend Thurs., Nov. 29, 2018
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OpenText Partners With Google Cloud To Deliver Enterprise Information Management On Google Cloud Platform
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35 Stocks Moving In Thursday's Pre-Market Session
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Open Text (OTEX) Q1 2019 Results - Earnings Call Transcript
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