OpenText reports first quarter fiscal 2027 financial results
FROM THE WIRE · PRNEWSWIRE.COM
Core Revenues growth of 2% Y/Y, and Core Cloud Revenues growth of 11% Y/Y Delivers Net Income Margin of 13%, Robust Adjusted EBITDA Margin of 35.8% Fiscal 2027 First Quarter Highlights (in millions)(1) Total Revenues CloudRevenues Profitability EPS Cash Flows Net Income A-EBITDA…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralQuarterly results of a mid-cap software company with double-digit cloud revenue growth.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Core revenues grew 2% year over year and core cloud revenues grew 11%.
- 02Net income margin was 13% and adjusted EBITDA margin was 35.8%.
- 03Total revenues were $1,237 million, with GAAP EPS of $0.64.
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