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OpenText (OTEX) develops and sells enterprise information management software. CFO Madhu Ranganathan discusses OpenText's recent earnings.
Open Text Corporation (OTEX) Q2 2024 Earnings Call Transcript
Open Text recorded a Q1'24 revenue of $1.41bn, a 75% YoY increase. Open Text leverages its existing client base for integration as it expands its range of offerings in AI. Open Text's financials show superior growth capabilities and justify greater long-run growth.
Open Text Corporation (NASDAQ:OTEX ) Nasdaq 49th Investor Conference December 5, 2023 8:00 AM ET Company Participants Madhu Ranganathan - Chief Financial Officer Unidentified Company Representative All right, well, good afternoon. Hope everyone enjoyed lunch and the panel presentation.
Open Text Corp.'s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, for $2.28 billion in cash. OpenText's AMC unit specializes in mainframe modernization and connectivity software for more than 10,000 customers.
Open Text Corporation (NASDAQ:OTEX ) Q1 2024 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Harry Blount - Senior Vice President of Investor Relations Mark Barrenechea - CEO and CTO Madhu Ranganathan - Executive Vice President and CFO Paul Duggan - Executive Vice President and Chief Customer Officer Conference Call Participants Richard Tse - National Bank Financial Thanos Moschopoulos - BMO Capital Markets Paul Treiber - RBC Capital Markets Kevin Krishnaratne - Scotiabank Stephanie Price - CIBC Adhir Kadve - Eight Capital Daniel Chan - TD Cowen Operator Thank you for standing by. This is the conference operator.
Open Text Corporation offers digital transformation software capabilities to organizations worldwide. The company's main offerings include information management, content cloud, business network cloud, security cloud, experience cloud, developer cloud, AI & analytics, and process automation. Open Text is aiming for 1-2% organic revenue growth in fiscal 2024 and has a focus on integrating its recent acquisition of Micro Focus.
Open Text Corporation (NASDAQ:OTEX ) Q4 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Harry Blount - Senior Vice President-Investor Relations Mark J. Barrenechea - Chief Executive Officer and Chief Technology Officer Madhu Ranganathan - Executive Vice President and Chief Financial Officer Conference Call Participants Richard Tse - National Bank Financial George Kurosawa - Citi Kevin Krishnaratne - Scotiabank Paul Treiber - RBC Capital Markets Stephanie Price - CIBC Thanos Moschopoulos - BMO Capital Markets Adhir Kadve – Eight Capital Steven Li - Raymond James Operator Thank you for standing by.
Open Text Corporation provides a wide range of information management software to organizations worldwide. Management says organic revenue growth is "1% to 2%" and that the company won't see major cost synergies from its Micro Focus acquisition until fiscal 2024. Although Open Text Corporation stock has rebounded in recent quarters, we really won't know how well the new combination is doing until 2024, so I remain Neutral [Hold].
WATERLOO, ON , July 10, 2023 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its fourth quarter fiscal year 2023 will be released on Thursday, August 3, 2023, at approximately 4:00 p.m. ET. Teleconference Call Mark J.