Open Text Q1 2024 Adj. EPS $1.01 Beats $0.91 Estimate, Revenue $1.425B Beats $1.406B Estimate
Portfolio Pulse from Benzinga Newsdesk
Open Text Corporation reported Q1 2024 adjusted EPS of $1.01, beating the estimate of $0.91. The company's revenue was $1.425B, surpassing the estimate of $1.406B.
November 02, 2023 | 8:22 pm
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POSITIVE IMPACT
Open Text Corporation's Q1 2024 earnings surpassed estimates, which could positively impact the company's stock in the short term.
Open Text Corporation reported better-than-expected Q1 2024 earnings, with both EPS and revenue beating estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100