Open Text Corp Profit Drops In Q2
(RTTNews) - Open Text Corp (OTEX) revealed earnings for second quarter that Drops, from the same period last year
The company's bottom line totaled $168.09 million, or $0.66 per share. This compares with $229.86 million, or $0.87 per share, last year.
Excluding items, Open Text Corp reported adjusted earnings of $286 million or $1.13 per share for the period.
The company's revenue for the period fell 0.6% to $1.326 billion from $1.334 billion last year.
Open Text Corp earnings at a glance (GAAP) :
-Earnings: $168.09 Mln. vs. $229.86 Mln. last year. -EPS: $0.66 vs. $0.87 last year. -Revenue: $1.326 Bln vs. $1.334 Bln last year.
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