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Open Text (NASDAQ:OTEX) reported its Q2 earnings results on Thursday, February 1, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Open Text beat estimated earnings by 4.2%, reporting an EPS of $1.24 versus an estimate of $1.19.
Revenue was up $637.56 million from the same period last year.
Last quarter the company beat on EPS by $0.11 which was followed by a 5.34% increase in the share price the next day.
Here's a look at Open Text's past performance:
Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
---|---|---|---|---|
EPS Estimate | 0.90 | 0.94 | 0.47 | 1.04 |
EPS Actual | 1.01 | 0.91 | 0.73 | 0.89 |
Revenue Estimate | 1.40B | 1.51B | 1.18B | 1.16B |
Revenue Actual | 1.43B | 1.49B | 1.25B | 897.44M |
To track all earnings releases for Open Text visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: OTEX