Open Text Corporation reports results for the quarter ended June 30 - Earnings Summary

Open Text

06/08/2026 15:20

Open Text Corporation OTEX.TO reported quarterly adjusted earnings of $1.23​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 97 cents.  The mean expectation of eight analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from $1.01  to $1.10 per share.
Revenue rose 2.9% to $1.35 billion from a year ago; analysts expected $1.32 billion. 
Open Text Corporation's reported EPS for the quarter was 64 cents​.
The company reported quarterly net income of $155.66 million.
Open Text Corporation shares had risen by 14.6% this quarter and lost 19.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy" 
Wall Street's median 12-month price target for Open Text Corporation is C$54.00, about 33.4% above its last closing price of C$35.96
This summary was machine generated from LSEG data August 6 at 02:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.05
1.23
Beat
Mar. 31 2026 
0.92
1.01
Beat
Dec. 31 2025 
1.02
1.13
Beat
Sep. 30 2025 
0.99
1.05
Beat