Open Text OTEX released its Q2 earnings on Thursday, February 6, 2025 at 04:00 PM.
Here's what's important from the earnings announcement.
Earnings
Open Text beat estimated earnings by 19.0%, reporting an EPS of $1.11 versus an estimate of $0.93.
Revenue was down $200.00 million from the same period last year.
Historical Earnings Summary
During the previous quarter, the company beat on EPS by $0.13, leading to a 3.0% drop share price change the next day.
Here's a look at Open Text's past performance:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 1.01 | 0.94 | 1.19 |
| EPS Actual | 0.93 | 0.98 | 0.94 | 1.24 |
| Revenue Estimate | 1.28B | 1.41B | 1.43B | 1.50B |
| Revenue Actual | 1.27B | 1.36B | 1.45B | 1.53B |
To track all earnings releases for Open Text visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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