Open Text Corp. (OTEX) reported second quarter non-GAAP EPS of $1.39 after the bell Wednesday, compared to $1.22 last year. The consensus estimate was for EPS of $1.22.
Open Text gapped open sharply higher Thursday morning, but traded in a range for the majority of the session. The stock closed up by 7.73 at $60.35, with volume at over a 5-month high. Open Text rose to nearly a 3-month high and re-crossed its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.