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Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced its financial results for the fourth quarter and year ended June 30, 2025.
Increasingly, Canadian enterprises are turning to generative AI (genAI) to help close the gap. By transforming how teams access, interact with, and manage content, genAI is unlocking productivity, ...
OpenText (TSX:OTEX) is the under-the-radar Canadian powerhouse that makes me more excited than any other AI investment on the ...
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OpenText names Savinay Berry as new Chief Product OfficerOpenText, recognized as a leading information management software and services company with annual revenue of $5.61 billion, helps organizations tackle complex global issues with a comprehensive ...
OpenText’s outlook for the current quarter is slightly muted. “For the second quarter of fiscal '23,...in constant currency, we expect cloud revenue up 12% to 14%, total revenues up 4% to 5%.
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OpenText price target lowered to $35 from $40 at ScotiabankScotiabank lowered the firm’s price target on OpenText (OTEX) to $35 from $40 and keeps a Sector Perform rating on the shares. A slower than anticipated ramp in cloud growth and a tough year ...
OpenText World 2023 will highlight the company's AI and post-Micro Focus strategy. Focus is on AI solutions and integrating an expanded product portfolio.
Per OpenText, it intends to use $4.6 billion worth of “new debt,” along with $1.3 billion in cash and $600 million extracted from an extant revolving credit facility for the transaction.
OpenText Corp has agreed to pay $27.5 million to resolve claims that the software provider Carbonite misled investors before its acquisition by the Canadian company by promoting a new, "super ...
B of Cloud Revenues, 2.0% Y/Y growth Announces 5% increase of dividend New $300 million share repurchase program Fiscal 2025 ...
OpenText, a leading information management company, and TELUS, a world-leading communications technology company, are introducing the OpenText and TELUS Canadian Sovereign Cloud-empowering Canadian ...
OpenText also announced today that, in order to align its share repurchase plan to its fiscal year, it has terminated its existing share repurchase plan (the "Fiscal 2024 Repurchase Plan") and ...
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