Insights into Open Text Q2 Earnings

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Open Text OTEX released its Q2 earnings on Thursday, February 6, 2025 at 04:00 PM.

Here's what's important from the earnings announcement.

Earnings

Open Text beat estimated earnings by 19.0%, reporting an EPS of $1.11 versus an estimate of $0.93.

Revenue was down $200.00 million from the same period last year.

Historical Earnings Summary

During the previous quarter, the company beat on EPS by $0.13, leading to a 3.0% drop share price change the next day.

Here's a look at Open Text's past performance:

Quarter Q1 2025 Q4 2024 Q3 2024 Q2 2024
EPS Estimate 0.80 1.01 0.94 1.19
EPS Actual 0.93 0.98 0.94 1.24
Revenue Estimate 1.28B 1.41B 1.43B 1.50B
Revenue Actual 1.27B 1.36B 1.45B 1.53B

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.

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