Open Text (OTEX) Q4 Earnings and Revenues Miss Estimates

Open Text (OTEX) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this software provider would post earnings of $0.94 per share when it actually produced earnings of $0.94, delivering no surprise. Over the last four quarters, the company has ...