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OpenText Reports First Quarter Fiscal Year 2025 Financial Results
Prnewswire· 2024-10-31 19:00
Total Revenues of $1.27B, 15 Consecutive Quarters of Cloud Organic GrowthDelivers Net Income Margin of 7%, Robust Adjusted EBITDA Margin of 35.0%GAAP EPS of $0.32, Non-GAAP EPS of $0.93Purchased and Canceled 7.72M Shares Over the Last Two QuartersFiscal 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 ...
OpenText Recognized as One of the World's Top Companies for Women by Forbes for the Second Consecutive Year
Prnewswire· 2024-10-30 04:00
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. OpenText, which has been named to the list for the second consecutive year, ranked within the top 20% of global companies. C ...
World Quality Report 2024 shows 68% of Organizations Now Utilizing Gen AI to Advance Quality Engineering
Prnewswire· 2024-10-22 19:30
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 ...
OpenText Partnership with Cork Delivers Peace of Mind with Comprehensive Cybersecurity and Cyber Warranty Solutions for SMBs and MSPs
Prnewswire· 2024-10-21 20:30
New collaboration provides elevated service offerings with financial protection to attract and retain clients resulting in increased revenue streamsWATERLOO, 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 distinc ...
OpenText Cybersecurity's 2024 Ransomware Survey: Supply Chain Attacks Surge, Ransom Payments Persist
Prnewswire· 2024-10-10 20:30
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 wides ...
OpenText to Report First Quarter Fiscal Year 2025 Financial Results on Thursday, October 31, 2024
Prnewswire· 2024-10-09 21:12
文章核心观点 - 公司将于2024年10月31日发布2025财年第一季度财报 [1] - 公司将于2024年10月31日召开财报电话会议 [1] - 公司将于2024年11月19日在拉斯维加斯举办OpenText World年度用户大会,并设有投资者专场 [1] 公司概况 - 公司是全球领先的信息管理软件和服务公司 [2] - 公司提供包括商业云、商业人工智能和商业技术在内的综合解决方案,帮助组织解决复杂的全球性问题 [2] - 公司在纳斯达克和多伦多证券交易所上市,股票代码为OTEX [2]
OpenText Report Raises Awareness for Consumer Digital Life Protection as Privacy Concerns Increase with Generative AI Use
Prnewswire· 2024-10-03 20:45
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. Additionally, while consumers have taken s ...
Are Investors Undervaluing Open Text (OTEX) Right Now?
ZACKS· 2024-10-01 22:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true ...
OpenText Cybersecurity's 2024 Threat Hunter Perspective Shows Collaboration Between Nation-States and Cybercrime Rings to Inflict More Damage
Prnewswire· 2024-09-27 20:30
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. The report found that the collaboration and coordination taking place between nation-states and cybercrime rings to target global supply chains and further geopolitical motives has become a signature trend in the threat landscape. For CISOs, th ...
OpenText Announces Voting Results for Election of Directors
Prnewswire· 2024-09-13 05:00
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. The detailed results of the vote for the election of directors at the Meeting are set out below. Shareholders holding 221,529,725 common shares of the Company representing 82.60% of the outstanding common shares were present or represented by proxy at the Meeting. ...