Open Text Corporation (OTEX) Q3 2011 Earnings Results

Open Text Corp Misses on EPS, Stock Up 1.26%

The earnings report indicates that Open Text Corp faced some challenges, as evidenced by the slight miss on EPS. However, the stock reacted positively, rising 1.26%, likely due to management's optimistic tone and focus on long-term strategies. Investors may be encouraged by the company's commitment to improving efficiency despite current market conditions.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.90	N/A	-5.56%

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management acknowledged the current market pressures while emphasizing their commitment to strategic initiatives. They remain focused on improving operational performance.

Management highlighted ongoing challenges in the market but expressed confidence in long-term strategies.

They noted a focus on cost management and operational efficiency.

Open Text Corp Misses on EPS, Stock Up 1.26%

Key numbers

Management commentary

Open Text Corporation

More earnings this week

Open Text Corp Misses on EPS, Stock Up 1.26%

Key numbers

Management commentary