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.