Open Text (NASDAQ:OTEX) reported its Q2 earnings results on Thursday, February 3, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Open Text missed estimated earnings by 20.54%, reporting an EPS of $0.89 versus an estimate of $1.12, which surprised analysts.
Revenue was up $21.16 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 1.49% increase in the share price the next day.
Here's a look at Open Text's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.80 | 0.71 | 0.69 | 0.85 |
| EPS Actual | 0.83 | 0.80 | 0.75 | 0.95 |
| Revenue Estimate | 823.39M | 839.62M | 813.53M | 814.84M |
| Revenue Actual | 832.31M | 893.53M | 832.93M | 855.64M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
