Open Text Corporation (OTEX) Q3 2018 Earnings Results

Open Text Corp Misses on EPS, Stock Up 0.6%

The earnings report indicates that Open Text Corp fell short of EPS expectations, which may raise concerns among investors. However, the stock saw a slight increase of 0.6%, suggesting that investors may be reacting positively to management's focus on innovation and long-term growth strategies despite the EPS miss.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.54	N/A	-15.67%

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management expressed a cautious optimism about future growth despite missing EPS expectations. They emphasized their commitment to innovation.

Management highlighted ongoing investments in product development.

They acknowledged challenges in the current market environment.

Open Text Corp Misses on EPS, Stock Up 0.6%

Key numbers

Management commentary

Open Text Corporation

More earnings this week

Open Text Corp Misses on EPS, Stock Up 0.6%

Key numbers

Management commentary