Open Text Q2 Adj. EPS $1.13 Beats $1.01 Estimate, Sales $1.327B Beat $1.287B Estimate

Open Text (TSX: OTEX) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $1.01 by 11.88 percent. This is a 1.8 percent increase over earnings of $1.11 per share from the same period last year. The company reported quarterly sales of $1.327 billion which beat the analyst consensus estimate of $1.287 billion by 3.08 percent. This is a 0.60 percent decrease over sales of $1.335 billion the same period last year.
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