Open Text (OTEX) Misses Q4 EPS by 4c; raises 2025 targets

Open Text (NASDAQ: OTEX) reported Q4 EPS of $0.98, $0.04 worse than the analyst estimate of $1.02. Revenue for the quarter came in at $1.36 billion versus the consensus estimate of $1.41 billion.

OUTLOOK

Looking ahead into Fiscal 2025, we are focused on extending our Information Management competitive advantage, expanding margin, delivering a record year of capital return with our new $300 Million Share Repurchase program, and increasing our annualized dividend from $1 per share to $1.05 per share. We expect to return approximately $570 million during Fiscal 2025, via dividends and share repurchases, the highest in our history. We are excited about our differentiated products, as well as our business and financial momentum.

For earnings history and earnings-related data on Open Text (OTEX) click here.

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