Open Text Corporation (NASDAQ: OTEX) has announced that it will be unveiling its first quarter financial results on Thursday 31st October 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
According to the predictions of financial experts on Wall Street, the concern is set to unveil an estimated $0.81 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $1.28 billion for the specific period.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $1.01. Moreover, the company achieved a remarkable total revenue of $1.43 billion during that quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $5.34 billion. Additionally, they are expecting the company to achieve a per share profit of $3.6 for the fiscal year 2025.
OTEX will host a conference call with investment community on 31st October 2024 at 09:00 AM eastern time to discuss the financial results.
Throughout Tuesday's trading, Open Text Corporation (OTEX) shares fluctuated between $33.35 and $33.90, with a trading volume of 563.30 thousand shares. The stock ended the regular trading session at $33.84, reflecting a rise of 0.27 percent.
