OTEX - Open Text beats FQ4 top and bottom line estimates

August, 03 2023 05:31 PM Open Text Corporation

2023-08-03 17:31:38 ET

Open Text press release ( NASDAQ: OTEX ): FQ4 Non-GAAP EPS of $0.91 beats by $0.04 .
Revenue of $1.5B (+66.2% Y/Y) beats by $10M .
Annual recurring revenues of $1.2 billion, up 56.4% Y/Y or up 57.7% in CC
Cloud revenues of $452 million, up 9.7% Y/Y or up 10.6% Y/Y in CC
Quarterly enterprise cloud bookings ⁽¹⁾ of $164 million, up 12.3%
Operating cash flows were $115 million and free cash flows ⁽²⁾ were $91 million
GAAP-based net loss of ($49) million, down (147.7)% Y/Y, margin of (3.3)%, due to acquisition expenses
Adjusted EBITDA ⁽²⁾ of $463 million, margin of 31.0%
GAAP-based diluted earnings per share ( EPS ) of ($0.18), Non-GAAP diluted EPS ⁽²⁾ of $0.91

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