Open Text: Q3 Earnings Insights

Open Text OTEX reported its Q3 earnings results on Thursday, May 4, 2023 at 04:00 PM.

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

Earnings

Open Text beat estimated earnings by 55.32%, reporting an EPS of $0.73 versus an estimate of $0.47.

Revenue was up $362.72 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 4.33% increase in the share price the next day.

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

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.