Earnings Summary

Open Text Corporation’s revenue jumped 65.2% since last year same period to $1490.83Mn in the Q2 2023. On a quarterly growth basis, Open Text Corporation has generated 19.78% jump in its revenue since last 3-months.

Open Text Corporation’s net profit fell -147.73% since last year same period to $-48.78Mn in the Q2 2023. On a quarterly growth basis, Open Text Corporation has generated -184.66% fall in its net profits since last 3-months.

Open Text Corporation’s net profit margin fell -128.89% since last year same period to -3.27% in the Q2 2023. On a quarterly growth basis, Open Text Corporation has generated -170.69% fall in its net profit margins since last 3-months.

Open Text Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.07 - a 40.79% jump from last quarter’s estimates.

Open Text Corporation’s earning per share (EPS) estimates for the current year stand at 1.07.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Open Text Corporation’s return on assets (ROA) stands at 0.03.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Open Text Corporation’s return on equity (ROE) stands at 0.04.