Open Text Corporation recently issued preliminary guidance for its third quarter of fiscal 2026, projecting revenue of approximately US$1.28 billion and confirming that full results will be released ...

Open Text (OTEX) is back in focus after issuing preliminary third quarter fiscal 2026 revenue guidance of about US$1.28b and confirming that incoming CEO Ayman Antoun will join the May 7 earnings call ...

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, ...

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 ...

CEO Mark Barrenechea highlighted the company’s focus on AI as a transformative strategy, introducing Aviator, a new AI platform designed to enhance productivity through digital workers. He indicated ...

Open Text (OTX) announced a strategic partnership with S3NS, a collaboration between Thales and Google Cloud, to create a trusted cloud platform for European organizations.  This platform is built on ...

Montreal-based Jarislowsky Fraser bought 117,436 shares of Open Text Corporation for an estimated $3.8 million in the third quarter. Following the transaction, Jarislowsky Fraser owns nearly 21.2 ...

Open Text (OTEX) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.24 per share a year ago. These figures ...

Open Text is selling part of its non-core analytics portfolio to Rocket Software for $150 million in cash, funds it plans to use to pay down debt. The Canadian company, which is focusing on core ...