Core Insights - OpenText has launched OpenText™ Core Threat Detection and Response, an AI-powered cybersecurity solution aimed at enhancing threat detection and response capabilities for enterprises [1][6] - The solution will be available on Microsoft Azure and is integrated with Microsoft security tools to improve efficiency in stopping attacks [2][5] - OpenText's cybersecurity portfolio addresses various security challenges, including application protection, identity management, and digital forensics, serving over 7,500 global enterprise customers [3] Product Features - The solution utilizes hundreds of AI algorithms to enhance detection capabilities and improve security posture without requiring complex overhauls [5] - It features advanced anomaly detection that adapts to changes in operating environments, significantly reducing the time to uncover critical threats [5] - The platform employs adaptive learning through machine learning models, continuously evolving to improve detection accuracy over time [5] Market Context - Insider threats are a significant concern, costing organizations an average of $16.2 million annually, highlighting the need for proactive detection measures [4] - The cybersecurity talent shortage exacerbates the issue, making solutions like OpenText Core Threat Detection and Response essential for organizations [4] - The solution aims to maximize the value and ROI of existing security investments while proactively hunting for threats to reduce potential exposure to costly incidents [6]

Open Text (NASDAQ: OTEX ) is a Canadian enterprise software company I have been following for some time now. My latest coverage of the stock was in May last year , when I rated the stock a buy.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). ...

Financial Data and Key Metrics Changes - The company reported adjusted EBITDA of $501 million, representing a 37.6% adjusted EBITDA margin, and free cash flow of $307 million, with adjusted EPS at $1.11, all showing significant increases excluding AMC [11][12]. - Total revenue was $1.33 billion, down 4.9% excluding AMC, while cloud revenues grew by 2.7% with $250 million in new cloud contract value, marking a record quarter for customer demand [13][14]. - GAAP net income was $229.9 million, translating to a diluted EPS of $0.87, while non-GAAP diluted EPS was $1.11, down 10.5% due to the impact of AMC divestiture [60]. Business Line Data and Key Metrics Changes - The company is focusing on three core growth areas: content, security, and ITOM, with a strong emphasis on upgrading existing customers to TitaniumX [17][90]. - The cloud RPO was reported at $2.3 billion, surpassing maintenance RPO at $1.8 billion, indicating a robust cloud business [40][68]. - The company is implementing a new licensing model, OpenText Pella, which allows customers to have unlimited licenses in exchange for higher fees, aimed at enhancing customer retention and cloud migration [111][115]. Market Data and Key Metrics Changes - The company noted challenges in Europe, where growth is currently difficult, but expressed optimism about pro-growth initiatives in the U.S. [84][85]. - The company is not subject to tariffs as a digital entity, which positions it favorably amidst global economic uncertainties [84]. Company Strategy and Development Direction - The new priority for the company is growth, following a successful focus on margin improvement post-Micro Focus acquisition and AMC divestiture [9][53]. - The company plans to leverage its installed base of 120,000 enterprise customers to drive upgrades and expand capabilities [18]. - Strategic partnerships with hyperscalers like Microsoft are expected to enhance cloud growth and service offerings [36]. Management's Comments on Operating Environment and Future Outlook - Management highlighted that while the first half of fiscal 2025 was challenging, they expect to return to organic growth by Q4 [51][56]. - The company is monitoring external factors such as tariffs and currency fluctuations, which are creating some business uncertainty [46][56]. - Management expressed confidence in achieving a strong second half of the fiscal year, with a focus on cloud growth and improved sales execution [44][56]. Other Important Information - The company declared a quarterly cash dividend of $26.25 per common share, with a record date of March 7, 2025, and a payment date of March 21, 2025 [74]. - The company is on track to deliver approximately $570 million in capital returns to shareholders through dividends and share buybacks [75]. Q&A Session Summary Question: Can you discuss the economic environment and its impact on different regions? - Management noted that growth is challenging in Europe but expressed optimism about the U.S. market due to pro-growth initiatives [84][85]. Question: How does the company position itself in the ITOM and observability market? - Management highlighted their strengths in content management and security, aiming to outperform in these areas while integrating observability into their offerings [90]. Question: What are the growth opportunities in the security sector? - Management emphasized their focus on identity applications, network security, and forensics, with plans to expand into XDR [94][96]. Question: Can you provide updates on go-to-market changes? - Management reported improvements in sales productivity due to investments in Salesforce capabilities and leadership enhancements [101][102]. Question: What challenges are faced in ADM and ITOM? - Management identified challenges related to license and maintenance revenues, with a focus on relaunching products to drive growth [106][108]. Question: How is the new licensing model expected to impact customer engagement? - The new licensing model allows for unlimited licenses, which is anticipated to enhance customer retention and cloud migration [111][115].

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 are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.65%. A quarter ago, it was expected that this software provider would post earnings of $0.81 per share when it actually produced earnings of $0.93, delivering a surprise of 14.81%.Over the last four quarters, the comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 ______________________ FORM 10-Q ______________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27544 ______________________________________ OPEN TEXT CORPORATION (Exact name of Registrant ...

Exhibit 99.1 OpenText Reports Second Quarter Fiscal Year 2025 Financial Results Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6% GAAP EPS of $0.87, Non-GAAP EPS of $1.11 Operating Cash Flows of $348M and Free Cash Flows of $307M Fiscal 2025 Second Quarter Highlights | Total Revenues | Annual Recurring Revenues | Cloud Revenues | | --- | --- | --- | | (in millions) | (in millions) | (in millions) | | $1,335 | ...

WATERLOO, ON, Feb. 5, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced it has been named one of Canada's Best Employers 2025 by Forbes. The list, which is generated by Forbes in partnership with Statista, celebrates top organizations across Canada for their work flexibility, focus on professional development, growth opportunities, and more. This is the fifth consecutive year that OpenText has been named to the list by Forbes. "Being named one of Canada's Best Employers by Forbes is ...

Core Message - OpenText appoints Savinay Berry as EVP & Chief Product Officer and Muhi Majzoub as EVP, Security Products, signaling a strategic focus on innovation, cloud, security, and AI to drive growth in information management [1][2][3] Leadership Appointments - Savinay Berry brings extensive experience in technology and engineering, having led products and engineering at Vonage, with expertise in cloud applications, developer platforms, AI, and security [2] - Muhi Majzoub will focus on accelerating the company's opportunities in the security products market [1] Strategic Focus - OpenText aims to leverage the convergence of cloud, security, and AI to enhance its information management capabilities and deliver enduring value to customers [3] - The company's recent innovations, including Titanium X, Cloud, and AI, position it as a leader in translating innovation into customer value [3] Industry Context - The AI transformation is driving increased relevance of information management, with a focus on helping customers secure, organize, and utilize data for growth and efficiency [3] - OpenText's comprehensive suite of Business Clouds, Business AI, and Business Technology addresses complex global challenges for organizations [4]

OpenText delivers seamless, personalized and secure digital experiences across its portfolioWATERLOO, ON, Jan. 24, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has been recognized as a Leader in four 2024 IDC MarketScape reports solidifying the company's delivering against today's biggest industry challenges. The OpenText Experience Cloud suite of solutions, in which the evaluated solutions are inclusive of, is designed to help organizations optimize their customer journeys with actionable, da ...

Financial Results Announcement - Open Text Corporation will release its second quarter fiscal year 2025 financial results on February 6, 2025, at approximately 4:00 p.m. ET [2] Conference Call Webcast - The company will host a conference call webcast on February 6, 2025, at 5:00 p.m. ET, featuring Mark J. Barrenechea, CEO & CTO, and Madhu Ranganathan, President, CFO & Corporate Development [3] - The webcast will last 60 minutes and can be accessed via the OpenText Investor Relations website [3] Company Overview - OpenText is a leading global Information Management software and services company, offering a comprehensive suite of Business Clouds, Business AI, and Business Technology solutions [3]