Open Text Corporation (OTEX)
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Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides eDiscovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
NEWS

OpenText to Strategically Divest Non-Core Unit for US$163 Million
prnewswire.com
2025-10-02 17:45:00Transaction accelerates announced strategy of divesting non-core businesses WATERLOO, ON , Oct. 2, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest an on-premise solution (eDOCS), a part of its Analytics portfolio, to NetDocuments, for US$163 million in cash. The business to be divested is part of OpenText's Analytics product group, primarily focused on automating the work of legal professionals, and contributed approximately $30 million in annual revenue in OpenText's fiscal year ended June 30, 2025.

OpenText Appoints Steve Rai EVP, Chief Financial Officer
prnewswire.com
2025-10-01 16:01:00WATERLOO, ON , Oct. 1, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced Steve Rai as Executive Vice President, Chief Financial Officer, effective October 6, 2025. Mr. Rai brings over 30 years of global finance experience and a proven track record as a technology industry veteran.

OpenText and Foundry Survey of IT Leaders Shows that AI Success Depends on Maturity, But Information Readiness is the Equalizer
prnewswire.com
2025-10-01 08:30:00Nearly 70% of mature AI users satisfied with ROAI; new adopters lag behind WATERLOO, ON , Oct. 1, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX), a global leader in secure information management for AI, today released new global research from Foundry, "AI Is Redefining the Role of the Knowledge Worker," revealing a sharp divide between new and mature AI adopters when realizing return on AI investment (ROAI). While enterprises are investing heavily in AI, many only achieve meaningful results when information management programs are mature enough to support AI initiatives.

OpenText™ and Fiserv Drive Resilient Information Management in Financial Services
prnewswire.com
2025-09-29 13:30:00The joint showcase at Fiserv Forum Client Conference Sep. 29-30, 2025, highlights new solutions to reduce manual effort, strengthen governance and improve customer experiences WATERLOO, ON , Sept. 29, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in secure information management for AI, and Fiserv, Inc., a global leader in payments and financial technology, today announced Content Next, a specialized, AI-powered content management and workflow solution for financial institutions.

Overlooked Stock: Upgrade Sends OTEX to 52-Week High
youtube.com
2025-09-24 17:20:04OpenText (OTEX) has a long history in tech, highlighted by Alex Coffey. The stock price has also seen big fluctuations over the years, hitting a new 52-week high on Wednesday after Scotiabank upgraded the stock.

OpenText Cybersecurity Finds 92% of Managed Service Providers See AI-Driven Growth, But Readiness Gap Widens
prnewswire.com
2025-09-24 09:00:00Global survey of over 1,000 MSPs reveals AI demand is outpacing provider preparedness, fueling urgency for integrated, scalable security solutions WATERLOO, ON , Sept. 24, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX) (TSX: OTEX), a global leader in Secure Information Management for AI, today released the findings of its third annual Global Managed Security Survey.

Open Text Stock: A Modern Rarity And An AI Diamond With A Low P/E
seekingalpha.com
2025-09-17 08:30:54In today's information era, it's almost impossible to find a cheap stock that doesn't deserve to be cheap. Usually the company is a dog – or a downright dumpster fire. But it takes time for the computers, algorithms, and databases on which investors heavily rely to see when a transforming company's future will look nothing like a mundane past. Open Text is one such situation. Historically, it's been an ordinary database company, one of a bunch that had been helping companies migrate between on-premises and cloud.

Open Text Corporation (OTEX) Presents At BMO 26th Annual Technology, Media, And Telecommunications Conference Transcript
seekingalpha.com
2025-09-09 15:22:43Open Text Corporation (NASDAQ:OTEX ) BMO 26th Annual Technology, Media, and Telecommunications Conference September 9, 2025 12:45 PM EDT Company Participants Paul Jenkins Conference Call Participants Thanos Moschopoulos - BMO Capital Markets Equity Research Presentation Thanos Moschopoulos VP & Technology Analyst All right. Thank you all for joining us for the tech portion of the day.

Open Text Corporation (OTEX) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference (Transcript)
seekingalpha.com
2025-09-04 17:10:09Open Text Corporation (NASDAQ:OTEX ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 2:50 PM EDT Company Participants Paul Jenkins Conference Call Participants Steven Enders - Citigroup Inc., Research Division Presentation Steven Enders Research Analyst Thank you for joining us this afternoon. I'm Steve Enders, part of the software research team here at Citi.

OpenText and Ponemon Institute Survey of CIOs Finds Lack of Information Readiness Threatens AI Success
prnewswire.com
2025-08-27 09:00:00New research of almost 1,900 CIOs, CISOs, and other IT leaders shows they are under pressure to ensure sensitive information is secure and compliant without hindering growth WATERLOO, ON , Aug. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today released a new global report, "The Challenges to Ensuring Information Is Secure, Compliant and Ready for AI," revealing that while enterprise IT leaders recognize the transformative potential of AI, a gap in information readiness is causing their organizations to struggle in securing, governing, and aligning AI initiatives across business. Developed in partnership with the Ponemon Institute -- a leading, independent research firm focused on information security and privacy management -- the study revealed almost three-quarters (73%) of CIOs, CISOs, and other IT leaders believe reducing information complexity is key to AI readiness.

OpenText Delivers Enterprise-Ready AI Solutions through HPE Unleash AI Program
prnewswire.com
2025-08-20 09:00:00WATERLOO, ON , Aug. 20, 2025 /PRNewswire/ -- Today, OpenText™ (NASDAQ: OTEX), a global leader in information management, announced it is expanding its collaboration with HPE and joining the HPE Unleash AI partner program to accelerate enterprise AI adoption through HPE Private Cloud AI. This powerful collaboration brings pre-validated, secure, and scalable AI industry solutions to market faster than ever through the combined capabilities of OpenText™ Aviator AI solutions and HPE Private Cloud AI, a turnkey enterprise AI factory within the NVIDIA AI Computing by HPE portfolio co-developed with NVIDIA.

OpenText Cybersecurity Drives 6x ROI for SMB Partners
prnewswire.com
2025-08-18 09:00:00New Canalys study findings reveal OpenText Cybersecurity products and Secure Cloud platform unlock significant growth for MSPs WATERLOO, Ontario , Aug. 18, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced new findings that show partners leveraging OpenText Cybersecurity SMB solutions and its Secure Cloud platform for partners can achieve up to 6.7x return on every dollar invested. The results were released at CRN's XChange August 2025 in Denver, Colorado, where OpenText is showcasing how its product portfolio and partner-first approach empower managed service providers (MSPs) to scale and grow recurring revenue.

OpenText Announces Leadership Transition
prnewswire.com
2025-08-11 07:00:00Appoints 25-Year OpenText Veteran James McGourlay as Interim Chief Executive Officer Board of Directors Establishes Executive Committee and Commences CEO Search Company to Continue to Explore Portfolio-Shaping Opportunities to Enhance Focus WATERLOO, ON , Aug. 11, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") today announced the appointment of James McGourlay, currently Executive Vice President, International Sales at OpenText, as Interim Chief Executive Officer, effective immediately. Mr. McGourlay has been with the Company for more than 25 years and has held senior roles in sales, customer operations, IT, technical support, product support and special projects.

Open Text Corporation (OTEX) Q4 2025 Earnings Call Transcript
seekingalpha.com
2025-08-08 12:04:56Open Text Corporation (NASDAQ:OTEX ) Q4 2025 Earnings Conference Call August 8, 2025 8:30 AM ET Company Participants Chadwick Westlake - Executive VP & CFO Greg Secord - Vice-President of Investor Relations Mark J. Barrenechea - Vice Chairman, CEO & CTO Paul Michael Duggan - President & Chief Customer Officer Todd M.

OpenText Reports Fourth Quarter and Fiscal Year 2025 Financial Results
prnewswire.com
2025-08-07 16:01:00$1.86B of Cloud Revenues, 2.0% Y/Y growth Announces 5% increase of dividend New $300 million share repurchase program Fiscal 2025 Annual Highlights Y/Y (in millions) (1) Total Revenues Cloud Revenues Profitability EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $5,168 $1,856 $436 $1,784 $1.65 $3.82 $831 $687 -10.4% Y/Y 2.0% Y/Y 8.4% margin 34.5% margin -3.5% Y/Y -8.4% Y/Y -14.2% Y/Y -15.0% Y/Y "OpenText had a strong Q4 and our cloud business is accelerating. Cloud bookings growth surged to 32%, driven by demand for our new AI-driven Titanium X platform.

OpenText to Strategically Divest Non-Core Unit for US$163 Million
prnewswire.com
2025-10-02 17:45:00Transaction accelerates announced strategy of divesting non-core businesses WATERLOO, ON , Oct. 2, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest an on-premise solution (eDOCS), a part of its Analytics portfolio, to NetDocuments, for US$163 million in cash. The business to be divested is part of OpenText's Analytics product group, primarily focused on automating the work of legal professionals, and contributed approximately $30 million in annual revenue in OpenText's fiscal year ended June 30, 2025.

OpenText Appoints Steve Rai EVP, Chief Financial Officer
prnewswire.com
2025-10-01 16:01:00WATERLOO, ON , Oct. 1, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced Steve Rai as Executive Vice President, Chief Financial Officer, effective October 6, 2025. Mr. Rai brings over 30 years of global finance experience and a proven track record as a technology industry veteran.

OpenText and Foundry Survey of IT Leaders Shows that AI Success Depends on Maturity, But Information Readiness is the Equalizer
prnewswire.com
2025-10-01 08:30:00Nearly 70% of mature AI users satisfied with ROAI; new adopters lag behind WATERLOO, ON , Oct. 1, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX), a global leader in secure information management for AI, today released new global research from Foundry, "AI Is Redefining the Role of the Knowledge Worker," revealing a sharp divide between new and mature AI adopters when realizing return on AI investment (ROAI). While enterprises are investing heavily in AI, many only achieve meaningful results when information management programs are mature enough to support AI initiatives.

OpenText™ and Fiserv Drive Resilient Information Management in Financial Services
prnewswire.com
2025-09-29 13:30:00The joint showcase at Fiserv Forum Client Conference Sep. 29-30, 2025, highlights new solutions to reduce manual effort, strengthen governance and improve customer experiences WATERLOO, ON , Sept. 29, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX, TSX: OTEX), a global leader in secure information management for AI, and Fiserv, Inc., a global leader in payments and financial technology, today announced Content Next, a specialized, AI-powered content management and workflow solution for financial institutions.

Overlooked Stock: Upgrade Sends OTEX to 52-Week High
youtube.com
2025-09-24 17:20:04OpenText (OTEX) has a long history in tech, highlighted by Alex Coffey. The stock price has also seen big fluctuations over the years, hitting a new 52-week high on Wednesday after Scotiabank upgraded the stock.

OpenText Cybersecurity Finds 92% of Managed Service Providers See AI-Driven Growth, But Readiness Gap Widens
prnewswire.com
2025-09-24 09:00:00Global survey of over 1,000 MSPs reveals AI demand is outpacing provider preparedness, fueling urgency for integrated, scalable security solutions WATERLOO, ON , Sept. 24, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX) (TSX: OTEX), a global leader in Secure Information Management for AI, today released the findings of its third annual Global Managed Security Survey.

Open Text Stock: A Modern Rarity And An AI Diamond With A Low P/E
seekingalpha.com
2025-09-17 08:30:54In today's information era, it's almost impossible to find a cheap stock that doesn't deserve to be cheap. Usually the company is a dog – or a downright dumpster fire. But it takes time for the computers, algorithms, and databases on which investors heavily rely to see when a transforming company's future will look nothing like a mundane past. Open Text is one such situation. Historically, it's been an ordinary database company, one of a bunch that had been helping companies migrate between on-premises and cloud.

Open Text Corporation (OTEX) Presents At BMO 26th Annual Technology, Media, And Telecommunications Conference Transcript
seekingalpha.com
2025-09-09 15:22:43Open Text Corporation (NASDAQ:OTEX ) BMO 26th Annual Technology, Media, and Telecommunications Conference September 9, 2025 12:45 PM EDT Company Participants Paul Jenkins Conference Call Participants Thanos Moschopoulos - BMO Capital Markets Equity Research Presentation Thanos Moschopoulos VP & Technology Analyst All right. Thank you all for joining us for the tech portion of the day.

Open Text Corporation (OTEX) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference (Transcript)
seekingalpha.com
2025-09-04 17:10:09Open Text Corporation (NASDAQ:OTEX ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 2:50 PM EDT Company Participants Paul Jenkins Conference Call Participants Steven Enders - Citigroup Inc., Research Division Presentation Steven Enders Research Analyst Thank you for joining us this afternoon. I'm Steve Enders, part of the software research team here at Citi.

OpenText and Ponemon Institute Survey of CIOs Finds Lack of Information Readiness Threatens AI Success
prnewswire.com
2025-08-27 09:00:00New research of almost 1,900 CIOs, CISOs, and other IT leaders shows they are under pressure to ensure sensitive information is secure and compliant without hindering growth WATERLOO, ON , Aug. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX) today released a new global report, "The Challenges to Ensuring Information Is Secure, Compliant and Ready for AI," revealing that while enterprise IT leaders recognize the transformative potential of AI, a gap in information readiness is causing their organizations to struggle in securing, governing, and aligning AI initiatives across business. Developed in partnership with the Ponemon Institute -- a leading, independent research firm focused on information security and privacy management -- the study revealed almost three-quarters (73%) of CIOs, CISOs, and other IT leaders believe reducing information complexity is key to AI readiness.

OpenText Delivers Enterprise-Ready AI Solutions through HPE Unleash AI Program
prnewswire.com
2025-08-20 09:00:00WATERLOO, ON , Aug. 20, 2025 /PRNewswire/ -- Today, OpenText™ (NASDAQ: OTEX), a global leader in information management, announced it is expanding its collaboration with HPE and joining the HPE Unleash AI partner program to accelerate enterprise AI adoption through HPE Private Cloud AI. This powerful collaboration brings pre-validated, secure, and scalable AI industry solutions to market faster than ever through the combined capabilities of OpenText™ Aviator AI solutions and HPE Private Cloud AI, a turnkey enterprise AI factory within the NVIDIA AI Computing by HPE portfolio co-developed with NVIDIA.

OpenText Cybersecurity Drives 6x ROI for SMB Partners
prnewswire.com
2025-08-18 09:00:00New Canalys study findings reveal OpenText Cybersecurity products and Secure Cloud platform unlock significant growth for MSPs WATERLOO, Ontario , Aug. 18, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced new findings that show partners leveraging OpenText Cybersecurity SMB solutions and its Secure Cloud platform for partners can achieve up to 6.7x return on every dollar invested. The results were released at CRN's XChange August 2025 in Denver, Colorado, where OpenText is showcasing how its product portfolio and partner-first approach empower managed service providers (MSPs) to scale and grow recurring revenue.

OpenText Announces Leadership Transition
prnewswire.com
2025-08-11 07:00:00Appoints 25-Year OpenText Veteran James McGourlay as Interim Chief Executive Officer Board of Directors Establishes Executive Committee and Commences CEO Search Company to Continue to Explore Portfolio-Shaping Opportunities to Enhance Focus WATERLOO, ON , Aug. 11, 2025 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") today announced the appointment of James McGourlay, currently Executive Vice President, International Sales at OpenText, as Interim Chief Executive Officer, effective immediately. Mr. McGourlay has been with the Company for more than 25 years and has held senior roles in sales, customer operations, IT, technical support, product support and special projects.

Open Text Corporation (OTEX) Q4 2025 Earnings Call Transcript
seekingalpha.com
2025-08-08 12:04:56Open Text Corporation (NASDAQ:OTEX ) Q4 2025 Earnings Conference Call August 8, 2025 8:30 AM ET Company Participants Chadwick Westlake - Executive VP & CFO Greg Secord - Vice-President of Investor Relations Mark J. Barrenechea - Vice Chairman, CEO & CTO Paul Michael Duggan - President & Chief Customer Officer Todd M.

OpenText Reports Fourth Quarter and Fiscal Year 2025 Financial Results
prnewswire.com
2025-08-07 16:01:00$1.86B of Cloud Revenues, 2.0% Y/Y growth Announces 5% increase of dividend New $300 million share repurchase program Fiscal 2025 Annual Highlights Y/Y (in millions) (1) Total Revenues Cloud Revenues Profitability EPS Cash Flows Net Income A-EBITDA GAAP Non-GAAP Operating Free Cash Flows $5,168 $1,856 $436 $1,784 $1.65 $3.82 $831 $687 -10.4% Y/Y 2.0% Y/Y 8.4% margin 34.5% margin -3.5% Y/Y -8.4% Y/Y -14.2% Y/Y -15.0% Y/Y "OpenText had a strong Q4 and our cloud business is accelerating. Cloud bookings growth surged to 32%, driven by demand for our new AI-driven Titanium X platform.