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Add as a preferred source on GoogleOpen Text Expects Q2 Revenue of $1.26 Billion to $1.29 Billion
The company targets 2% to 3% core growth after first-quarter core revenue rose 2.7% in constant currency.
Open Text Corporation expects fiscal second-quarter revenue of $1.26 billion to $1.29 billion, with core growth targeted at 2% to 3%. Management maintained its outlook for fiscal 2027.
In fiscal first-quarter 2027, core revenue grew 2.7% year over year in constant currency. Core cloud revenue increased 11.7%, and adjusted EBITDA margin was 35.8%.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.