Open Text (NasdaqGS:OTEX) shares edged slightly higher in recent trading, moving up about 0.5% since yesterday. The company’s stock has posted a 23% gain year-to-date, showing steady momentum over the ...
Open Text is a high-debt, flat-revenue software company offering a 4% dividend but limited growth prospects. OTEX's $5.8B debt load forces asset sales and restricts investment, with deleveraging ...
Open Text Corporation (NASDAQ:OTEX) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat forecasts, with revenue of US$1.3b, some 3.1% ...
Open Text's recent pullback offers an attractive valuation leading into Q4 earnings despite the company's Q3 revenue miss and lowered guidance. Open Text is aggressively pursuing AI-driven cost ...
Interim CEO Christopher McGourlay highlighted that "Q1 total revenues, ARR, adjusted EBITDA margin, adjusted EPS are all above Street expectations," and pointed to continued momentum in the core ...
Jefferies downgraded Open Text's (NASDAQ:OTEX) rating to Hold from Buy noting that the company is entering a new transition phase. The firm also decreased the price target to $33 from $35. On Monday, ...
WATERLOO, ON, Oct. 27 /CNW/ - Open Text Corporation (NASDAQ: OTEX, TSX: OTC) today announced that it has acquired StreamServe Inc., a leading provider of business communication solutions. The ...
Open Text Corp. OTEX-T stock sank Friday after the company pulled back from its long-held strategy of growing by acquisitions to focus instead on giving more money to shareholders and expanding ...
Open Text agreed to divest its application modernization and connectivity business to Rocket Software for about $2.28 billion in cash. Open Text, which develops and markets enterprise information ...
WATERLOO, ON and MONTREAL, Feb. 22 /CNW/ - Open Text Corporation (NASDAQ:OTEX) (TSX: OTC), the preeminent provider of Enterprise Content Management (ECM) capabilities, and Nstein Technologies Inc.
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