Open Text (OTEX) Beats Q2 Earnings and Revenue Estimates

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 ...