NASDAQ$OTEX

Open Text Corp · Q2 2024 earnings

Q2 2024 earnings ·

Briefing

Open Text Corp reported revenue of $1.53B, net income of $37.7M, EPS of $0.14 for Q2 fiscal 2024.

Open Text Corp reported Q2 fiscal 2024 results: Revenue was $1.53B, net income was $37.7M, diluted EPS was $0.14, operating income was $253.9M.

  • Revenue: $1.53B
  • Net income: $37.7M
  • Diluted EPS: $0.14
  • Operating income: $253.9M
  • Gross profit: $1.13B

Headline financials

Total Revenue

$1.53B

Previous: $897M+71.0%
EPS

$0.14

Previous: $0.96-85.4%
Free Cash Flow

$37.7M

Previous: $258M-85.4%
Net Income

$37.7M

Previous: $258M-85.4%
Operating Income

$254M

Previous: $185M+37.5%
Gross Profit

$1.13B

Previous: $636M+77.6%
Cash & Equivalents

$1B

Previous: $2.82B-64.4%
Total Assets

$16.4B

Previous: $11.2B+46.6%

Revenue & EPS history

Open Text Corp · Revenue · Quarterly

$1.53B

Q2 2024+71%vs Q2 2023

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.2%

Avg return

Earnings day

-0.7%

Avg return

5 days after

-0.1%

Avg return

30 days after

50%

15 / 30 earnings

Positive

+4.4%

Q3 2026

Best reaction

-11.2%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+4.4%-3.7%-2.4%
Q2 2026-3.1%+10.8%+8.7%
Q1 2026+2.2%-6.6%-9.9%
Q3 2025-0.3%-1.3%+4.2%
Q2 2025-2.8%-5.7%-13.4%
Q1 2025-11.2%-14.4%-9.9%
Q3 2024+0.3%-14.4%-17.3%
Q2 2024+1.1%-5.2%-10.0%
Q1 2024+2.9%+7.9%+21.7%
Q3 2023-2.7%+10.9%+12.0%
Q2 2023+0.8%+5.3%+6.9%
Q1 2023-2.4%-4.1%+3.0%
Q3 2022+2.2%-7.9%+1.5%
Q2 2022-2.7%-6.8%-11.4%
Q1 2022+0.3%+3.0%-8.5%
Q3 2021-0.3%-1.2%+4.1%
Q2 2021+1.1%+4.5%-3.7%
Q1 2021+1.4%+5.8%+18.5%
Q3 2020-0.1%+1.8%+9.4%
Q2 2020-0.4%+0.1%-10.0%
Q1 2020-0.2%+1.5%+8.0%
Q3 2019-0.0%+4.6%+3.3%
Q2 2019+1.0%+6.9%+7.9%
Q1 2019+1.6%-0.9%+3.1%
Q3 2018+0.6%-4.8%-1.9%
Q2 2018+0.4%+5.2%+2.1%
Q1 2018-0.2%-1.5%-5.2%
Q1 2017-0.2%-1.5%-5.2%
Q3 2017+0.0%-7.6%-6.7%
Q2 2017-1.3%-2.1%-1.6%

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