July 30 (Reuters) - Canadian business software maker Open Text Corp reported a better-than-expected 42 percent jump in quarterly revenue, largely driven by higher demand for its cloud services.
July 30 (Reuters) - Canadian business software maker Open Text Corp reported quarterly revenue above analysts' estimates, largely driven by higher demand for its cloud services.
LGCY , LNC , LOCK , LPSN , LRCX , MAA , MANT , MDAS , MEOH , MET , MOBL , MOH , MTGE , MTW , MUR , NANO , NE , NEWP , NOW , OI , OTEX , PDM , PEIX , PGTI , PPC , PVA , QUIK , RKUS , ROVI , RRTS , SAM , SBRA , SCI , SFLY , SIMG , SPN , SPRT , SSS , STAA , STAG
(Reuters) - Business software maker Open Text Corp earned less in long-term license fees than analysts had expected in the fourth quarter, offsetting gains from its push into cloud computing.
keep its software up to date.While Open Text has a done a series of tuck-in acquisitions ..... content-management services to its customers. Open Text derives about 55% of its revenue from ..... pressures from its customers.Demand for Open Text 's ECM solutions, which can identify
Open Text 's OTEX fourth-quarter and fiscal 2009 results were in line with our expectations ..... contain declining maintenance revenues), the acquisition will enable Open Text to expand its product portfolio and customer base.
maintaining our fair value estimate for Open Text OTEX , a provider of content management ..... Consistent with previous quarters, Open Text derived about one third of its ..... near term, we still believe that Open Text 's plan to derive at least 40
Open Text OTEX announced first-quarter results of ..... improving operating margin. Despite Open Text 's strong results, we continue to believe ..... companies--accounted for about 34% of Open Text 's revenues, and management has the