NasdaqGS:OTEXSoftware
Reaffirmed Guidance, CEO Transition and Buybacks Could Be A Game Changer For Open Text (OTEX)
Open Text Corporation recently reported fiscal second-quarter 2025 results showing revenue of US$1.33 billion and net income of US$168.09 million, while reaffirming its fiscal 2026 earnings guidance and forecasting third-quarter 2026 revenues between US$1.26 billion and US$1.28 billion.
The company paired these results with capital returns via dividends and share buybacks, and announced incoming CEO Ayman Antoun, adding an execution-focused leadership element rooted in long-tenured...