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Open Text Corp Profit Drops In Q2

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Open Text Corp (OTEX) revealed earnings for second quarter that Drops, from the same period last year

The company's bottom line totaled $168.09 million, or $0.66 per share. This compares with $229.86 million, or $0.87 per share, last year.

Excluding items, Open Text Corp reported adjusted earnings of $286 million or $1.13 per share for the period.

The company's revenue for the period fell 0.6% to $1.326 billion from $1.334 billion last year.

Open Text Corp earnings at a glance (GAAP) :

-Earnings: $168.09 Mln. vs. $229.86 Mln. last year.
-EPS: $0.66 vs. $0.87 last year.
-Revenue: $1.326 Bln vs. $1.334 Bln last year.

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