Insights
Latest IR news and announcements for OPEN TEXT CORP (OTEX).
OpenText and Cohere have partnered to integrate trusted data with agentic AI, enhancing capabilities for governments and regulated industries. Their joint offering aims to facilitate the transition from AI pilot projects to full production deployment.
OpenText Corporation will release its fourth quarter fiscal year 2026 financial results on August 6, 2026, followed by a conference call hosted by CEO Ayman Antoun and CFO Steve Rai.
OpenText Corporation announces its financial results for Q4 and FY 2026, highlighting revenue growth, increased net income, and a focus on cloud services. The company plans to enhance sales capacity and invest in its core portfolio for sustainable growth.
OpenText Corporation has appointed Jill Larsen, a seasoned executive from Synopsys, to its board of directors, effective immediately. This appointment comes alongside the resignation of Kristen Ludgate for personal reasons.
OpenText will invest €105 million in Ireland, creating 400 jobs to enhance its capabilities in agentic AI, cybersecurity, and sovereign cloud services for EMEA markets, marking the largest investment by a Canadian tech company in Ireland.
OpenText has become one of the first Canadian companies to join the OECD's Global Safe AI Reporting Framework, enhancing its commitment to responsible AI governance and aligning with G7 standards for safe AI development and deployment.
OpenText has finalized the sale of its non-core structured data analytics platform, Vertica, to Rocket Software for $150 million, aligning with its strategy to focus on core business areas and reduce debt.
OpenText Corporation anticipates approximately $1.28 billion in revenue for Q3 FY2026, with a full earnings report scheduled for May 7, 2026. Ayman Antoun will officially become CEO on April 20, 2026.
OpenText Corporation has appointed James McGourlay as President and Chief Client Officer, effective April 20, 2026, transitioning from his role as Interim CEO. This move aims to enhance client experience and support cloud adoption.
OpenText Corporation announced its third quarter fiscal year 2026 financial results, highlighting total revenues of $1.28 billion and cloud revenue growth of 6.6% year-over-year, alongside a successful transition to new CEO Ayman Antoun.
OpenText announces the availability of its enterprise data and AI solutions on the AWS European Sovereign Cloud, enhancing its offerings for regulated EU organizations while ensuring data security and compliance within European boundaries.
OpenText has formed a strategic partnership with S3NS to deliver a trusted hybrid cloud platform in Europe, leveraging Google Cloud technology to ensure compliance and data residency for sensitive workloads in France and beyond.
A new report by OpenText and Ponemon Institute indicates that while many enterprises are adopting generative AI, security and governance practices lag significantly, posing risks to effective AI deployment and management.
OpenText has increased its share repurchase program by $200 million to a total of $500 million, reflecting confidence in its cash flow. The program allows for the purchase of up to 24.9 million common shares over the next year.
OpenText Corporation will release its second quarter fiscal year 2026 financial results on February 5, 2026, followed by a conference call hosted by key executives to discuss the results and future outlook.
OpenText Corporation announced its financial results for Q2 FY2026, reporting $1.33 billion in total revenues with a 20-quarter streak of cloud organic growth. The company appointed Ayman Antoun as CEO and divested non-core assets.
OpenText Corporation has agreed to sell Vertica, part of its analytics portfolio, to Rocket Software for $150 million. The move aims to refocus on core cloud products and reduce outstanding debt, enhancing long-term growth and shareholder value.
OpenText Corporation has appointed Ayman Antoun as its new CEO, effective April 20, 2026, succeeding James McGourlay. Antoun brings over 30 years of experience in technology leadership, particularly in cloud and digital modernization.
OpenText has finalized the sale of its eDOCS solution to NetDocuments for $163 million, aiming to reduce debt and focus on core business operations, according to Executive Chairman Tom Jenkins.