Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $46.02 USD
Change Today +0.36 / 0.79%
Volume 398.5K
OTEX On Other Exchanges
Symbol
Exchange
Toronto
NASDAQ GS
Frankfurt
As of 8:10 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

open text corp (OTEX) Snapshot

Open
$45.69
Previous Close
$45.66
Day High
$46.06
Day Low
$45.03
52 Week High
02/17/15 - $61.74
52 Week Low
07/28/15 - $36.65
Market Cap
5.6B
Average Volume 10 Days
617.0K
EPS TTM
$1.98
Shares Outstanding
122.3M
EX-Date
08/26/15
P/E TM
23.2x
Dividend
$0.80
Dividend Yield
1.56%
Current Stock Chart for OPEN TEXT CORP (OTEX)

open text corp (OTEX) Related Businessweek News

No Related Businessweek News Found

open text corp (OTEX) Details

Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers enterprise content management products that provide content management, records management, archiving, email management solutions, and capture solutions, as well as Core, a software as a service-based, multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social communities, and portal. Its products also include information exchange solutions comprising business-to-business integration, fax solutions, and secure messaging; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ‘information silos’ resulting from disconnected information sources across the enterprise; and analytics and reporting products, including embedded analytics and reporting, and advanced analytics. In addition, the company provides customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it offers professional services, such as consulting and learning services relating to the implementation, training, and integration of its product offerings into the customer’s systems; and cloud services that allow its customers to make use of its software, services, and content over Internet enabled networks. The company serves organizations, mid-market companies, and government agencies worldwide. It has strategic partnerships with SAP AG, Microsoft Corporation, and Oracle Corporation. Open Text Corporation was founded in 1991 and is headquartered in Waterloo, Canada.

8,500 Employees
Last Reported Date: 07/31/15
Founded in 1991

open text corp (OTEX) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: $847.0K
Chief Financial Officer
Total Annual Compensation: $351.3K
Senior Vice President of Engineering
Total Annual Compensation: $338.8K
Chief Information Officer
Total Annual Compensation: $178.3K
Chief Legal Officer, Compliance Officer and C...
Total Annual Compensation: $358.9K
Compensation as of Fiscal Year 2015.

open text corp (OTEX) Key Developments

Open Text Corporation Announces Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015; Provides Effective Tax Rate Guidance for the Year 2016

Open Text Corporation announced earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company’s GAAP net income fell to $68.8 million, or $0.56 per diluted share, for the three months ended June 30, 2015, from $88.1 million, or $0.72 per diluted share, for the year-earlier period. Fourth-quarter revenue fell 2% to $482.7 million. Adjusted net income was $106.9 million, down 17% compared to $128.7 million. Adjusted earnings per share were $0.87 on a diluted basis, down 17% compared to $1.05. Operating cash flow was approximately $131.8 million, a decrease of 2% compared to $134.9 million last year. For the year, the company’s adjusted net income was $424.9 million, up 4% compared to $406.8 million in fiscal 2014. Adjusted earnings per share at $0.87 on a diluted basis, down 17% compared to $1.05. Adjusted earnings per share were $3.46, up 3% compared to $3.37 in fiscal 2014. Net income was $234.3 million, $1.91 per share, compared to $218.1 million or $1.81 per share a year ago. Operating cash flow was $523 million, an increase of 25% compared to $417.1 million last year. The company’s effective tax rate outlook for fiscal 2016 will be approximately 20% on a non-GAAP basis.

Open Text Corporation Declares Cash Dividend on Common Share, Payable on September 18, 2015

As part of quarterly, non cumulative cash dividend program the Board of Open Text Corporation declared on July 28, 2015 a cash dividend of $0.20 per common share. The record date for this dividend is August 28, 2015 and the payment date is September 18, 2015.

New York City Transit Authority Implements OpenText Analytics

Open Text Corp. has announced that the New York City Transit Authority, or NYCT, has implemented OpenText Analytics to manage and analyze its transit information to provide optimized transit service to the public. With OpenText Analytics, NYCT saves time and money while maintaining full visibility into the transit system to quickly identify and address any potential service issues. The solution needed to not only support its existing data collection technology but also be able to keep up with Big Data and other future demands. Interested parties would need access to examine data when and how they wanted, accessing more detail as required to stay on top of performance concerns, from malfunctioning lifts to route change needs or gaps in service, in real time. Able to scale to the organization's needs, OpenText Analytics could easily connect to all of NYCT's data sources, both present and those planned for future use. Virtualization and Google Map apps expanded its capabilities, with mobile access enabling its employees to view reports while on the go. OpenText improved NYCT's data visualization capabilities, providing daily and ad hoc reports as well as dashboards that offer performance snapshots to senior management. Operations employees can now view data at the level of detail necessary to do their jobs better. A real-time dashboard displays bunching of buses over time, giving NYCT operations planners drill-down information detail to help them dynamically modify transit schedules in order to keep buses on time and more evenly dispersed. The team also projects significant cost savings with automated data collection, resulting in fewer required resources.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OTEX:US $46.02 USD +0.36

OTEX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Broadridge Financial Solutions Inc $54.34 USD +0.04
Informatica Corp $48.56 USD +0.01
Inmarsat PLC 891.00 GBp -6.50
Iron Mountain Inc $29.97 USD -0.26
Nuance Communications Inc $18.07 USD -0.04
View Industry Companies
 

Industry Analysis

OTEX

Industry Average

Valuation OTEX Industry Range
Price/Earnings 23.7x
Price/Sales 3.0x
Price/Book 3.0x
Price/Cash Flow 11.6x
TEV/Sales 1.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OPEN TEXT CORP, please visit www.opentext.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.