Open Text Q4 Adj. EPS $0.97 Beats $0.82 Estimate, Sales $1.311B Beat $1.280B Estimate

Open Text (NASDAQ:OTEX) reported quarterly earnings of $0.97 per share which beat the analyst consensus estimate of $0.82 by 18.73 percent. This is a 1.02 percent decrease over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $1.311 billion which beat the analyst consensus estimate of $1.280 billion by 2.38 percent. This is a 3.74 percent decrease over sales of $1.362 billion the same period last year.