Open Text Corporation (OTEX) Q2 2017 Earnings Results

Open Text Corp Beats on EPS, Stock Down 1.33%

Open Text Corp reported a strong EPS figure that exceeded expectations significantly, indicating better-than-anticipated profitability. However, the stock fell by 1.33%, which may reflect investor concerns over the lack of revenue data and future guidance. The cautious tone from management suggests they are focused on operational efficiency but may be facing challenges ahead.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.54	N/A	+83.05%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in the company's strategic direction. They noted the positive EPS surprise but did not provide detailed revenue insights.

Management highlighted strong performance in key areas despite not providing specific revenue figures.

They emphasized the importance of maintaining operational efficiency moving forward.

Open Text Corp Beats on EPS, Stock Down 1.33%

Key numbers

Management commentary

Open Text Corporation

More earnings this week

Open Text Corp Beats on EPS, Stock Down 1.33%

Key numbers

Management commentary