OpenText Reports Third Quarter Fiscal Year 2021 Financial Results
News provided by
Share this article
WATERLOO, ON, May 6, 2021 /PRNewswire/
Third Quarter Highlights
83% of Total Revenues
Operating cash flows were $63.6 million and free cash flows were $50.3 million, which include an IRS settlement payment of $290.0 million
GAAP-based net income of $91.5 million, up 252.4% Y/Y, margin of 11.0%, up 780 basis points Y/Y
Adjusted EBITDA of $297.1 million, up 14.5%, margin of 35.7%, up 390 basis points Y/Y
GAAP-based diluted EPS of $0.33, up 230.0% Y/Y
Non-GAAP diluted EPS of $0.75, up 23.0%, and $0.71 in constant currency, up 16.4% Y/Y
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), The Information Company, today announced its financial results for the third quarter ended March 31, 2021.
OpenText Reports Second Quarter Fiscal Year 2021 Financial Results
Record Annual Recurring Revenues Record Cloud Revenues – Second Quarter Highlights Operating Cash Flows of $282.5 million in the quarter, up 36.3% YY Free Cash Flows of $274.8 million in the quarter, up 46.5% YY GAAP-based net income of million down 160.9% YY, margin of % down 2,160 basis points YY, primarily due to one-time IRS settlement charge of $299 million Adjusted EBITDA of $360.8 million up 13.8%, margin of … Record Annual Recurring Revenues (ARR), Record Cloud Revenues
– Free Cash Flows of $274.8 million in the quarter, up 46.5% Y/Y GAAP-based net income (loss) of ($65.5) million , down 160.9% Y/Y, margin of (7.7)% down 2,160 basis points Y/Y, primarily due to one-time IRS settlement charge of $299 million
OpenText Reports Second Quarter Fiscal Year 2021 Financial Results
News provided by
Share this article
WATERLOO, ON, Feb. 4, 2021 /PRNewswire/
Second Quarter Highlights
Free Cash Flows of $274.8 million in the quarter, up 46.5% Y/Y
GAAP-based net income (loss) of ($65.5) million, down 160.9% Y/Y, margin of (7.7)% down 2,160 basis points Y/Y, primarily due to one-time IRS settlement charge of $299 million
Adjusted EBITDA of $360.8 million, up 13.8%, margin of 42.2%, up 110 basis points Y/Y
GAAP-based diluted earnings (loss) per share of ($0.24), down 160.0% Y/Y
Non-GAAP diluted earnings per share of $0.95, up 13.1%, and $0.92 in constant currency, up 9.5% Y/Y
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), The Information Company, today announced its financial results for the second quarter ended December 31, 2020.