Benzinga | Nov 5, 2021 09:31AM EDT

Recap: Open Text Q1 Earnings

Open Text (NASDAQ:OTEX) reported its Q1 earnings results on Thursday, November 4, 2021 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Open Text their estimated earnings by 3.75%, reporting an EPS of $0.83 versus an estimate of $0.8, which did not surprise analysts.

Revenue was up $28,295,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09, which was followed by a 0.86% increase in the share price the next day.

Here's a look at Open Text's past performance:



Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.71 0.69 0.85 0.67EPS Actual 0.80 0.75 0.95 0.89Revenue Estimate 839.62M 813.53M 814.84M 758.35MRevenue Actual 893.53M 832.93M 855.64M 804.01M

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