Open Text Corporation (OTEX) News

Open Text Corporation (OTEX): $38.11

-0.38 (-0.99%)

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OTEX News Highlights

  • OTEX's 30 day story count now stands at 14.
  • Over the past 16 days, the trend for OTEX's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
  • LI, CTO and AMP are the most mentioned tickers in articles about OTEX.

Latest OTEX News From Around the Web

Below are the latest news stories about Open Text Corp that investors may wish to consider to help them evaluate OTEX as an investment opportunity.

Open Text: Not Really Opening Up Yet

Shares of Open Text (OTEX) have retreated to their 52-week lows which does not come unexpected as many technology names have sold off in the recent week. On the other hand, shares have not enjoyed the same boom higher as well in 2021. Open Text has a strong track record,...

The Value Investor on Seeking Alpha | February 16, 2022

Should You Think About Buying Open Text Corporation (NASDAQ:OTEX) Now?

Let's talk about the popular Open Text Corporation ( NASDAQ:OTEX ). The company's shares saw significant share price...

Yahoo | February 10, 2022

OpenText Corp. Updates 1 Key Risk Factor

Shares of OpenText Corp. (OTEX) have dropped 5.9% so far this year. The company provides information management solutions with its OpenText cloud editions. Recently, OTEX delivered better-than-estimated second-quarter performance on the revenue front. On the back of robust demand for OpenText Cloud editions, revenue increased 2.5% year-over-year to $876.8 million, beating estimates by $4.5 million. Earnings per share at $0.89 came in line with the Street’s expectations. Further, OTEX has declared a dividend of $0.2209 per share. It is payable on March 25 to investors on record as of March 4.

Kailas Salunkhe on TipRanks | February 9, 2022

MSIG Asia Enriches Customer Experience with OpenText

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced that MSIG Singapore and MSIG Malaysia, implemented OpenText information management solutions to empower modern work, enhance omni-channel customer experiences, and drive operational efficiencies.

Yahoo | February 9, 2022

OpenText Corp (OTEX) CEO Mark Barrenechea on Q2 2022 Results - Earnings Call Transcript

OpenText Corp (OTEX) Q2 2022 Earnings Conference Call February 03, 2022 05:00 PM ET Company Participants Harry Blount - SVP & Global Head, IR Mark Barrenechea - Vice Chairman, CEO & CTO Madhu Ranganathan - EVP & CFO Conference Call Participants Raimo Lenschow - Barclays Paul Steep - Scotia Capital...

SA Transcripts on Seeking Alpha | February 4, 2022

Raymond James Remains a Buy on Open Text (OTEX)

In a report released today, Steven Li from Raymond James maintained a Buy rating on Open Text (OTEX – Research Report), with a price target of C$74.50. The company's shares closed last Friday at $44.59, close to its 52-week low of $44.03. Li has an average return of 8.8% when recommending Open Text. According to, Li is ranked #1003 out of 7779 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Open Text with a $49.33 average price target, representing an 8.7% upside.

Christine Brown on TipRanks | February 4, 2022

OpenText Swings to Profit in Q2, Raises Guidance

OpenText (TSE: OTEX) (NASDAQ: OTEX) has raised its guidance for Fiscal 2022 after posting a profit and higher revenues in the second quarter. The Canadian company specializing in digital document management and data exchange beat analysts' estimates. Revenue & Earnings Revenue came in at $876.8 million in the three months ended December 31, up 2.5% from $855.6 million. Cloud revenue increased 4.1% to $364.9 million. The technology company earned a profit attributable to shareholders $88.3 million ($0.32 per share) in Q2 2022, compared with a loss of $65.5 million (-$0.24 per share) in Q2 2021. Adjusted earnings fell 7% to $242 million ($0.89 per share) from $260.5 million ($0.

Stephanie Bedard-Chateauneuf on TipRanks | February 4, 2022

Open Text Corporation 2022 Q2 - Results - Earnings Call Presentation

No summary available.

Seeking Alpha | February 4, 2022

OpenText CEO: Zix acquisition ‘doesn’t change our direction’ toward cloud growth

Mark Barrenechea, OpenText CTO and CEO, joins Yahoo Finance Live to discuss the outlook for the cloud company and details surrounding its acquisition of Zix.

Yahoo | February 4, 2022

OpenText and Google Cloud to Collaborate on Next Generation Content Services

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced that it is deepening its strategic partnership with Google Cloud by launching its OpenText Core Content as a service on Google Cloud, enabling customers to deploy OpenText's enterprise productivity suite on a global, trusted infrastructure. OpenText and Google Cloud will partner to deliver new capabilities to users, utilizing Google Cloud capabilities in secure software supply chains, SRE toolsets, and DevOps best practices for delivering a

Yahoo | February 3, 2022

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