Recap: Open Text Q1 Earnings - Open Text (NASDAQ:OTEX)

Open Text (NASDAQ:OTEX) reported its Q1 earnings results on Thursday, November 4, 2021 at 04:01 PM.

Here's what investors need to know about the announcement.

Open Text their estimated earnings by 3.75%, reporting an EPS of $0.83 versus an estimate of $0.8, which did not surprise analysts.

Revenue was up $28,295,000 from the same period last year.

Last quarter the company beat on EPS by $0.09, which was followed by a 0.86% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.71	0.69	0.85	0.67
EPS Actual	0.80	0.75	0.95	0.89
Revenue Estimate	839.62M	813.53M	814.84M	758.35M
Revenue Actual	893.53M	832.93M	855.64M	804.01M

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