Recap: Open Text Q2 Earnings

Open Text OTEX reported its Q2 earnings results on Thursday, February 3, 2022 at 04:01 PM.

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

Open Text missed estimated earnings by 20.54%, reporting an EPS of $0.89 versus an estimate of $1.12, which surprised analysts.

Revenue was up $21.16 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 1.49% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.80	0.71	0.69	0.85
EPS Actual	0.83	0.80	0.75	0.95
Revenue Estimate	823.39M	839.62M	813.53M	814.84M
Revenue Actual	832.31M	893.53M	832.93M	855.64M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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