BUZZ-Open Text Corp: Revenue falls on weak professional service business

Wed Apr 27, 2016 6:35pm EDT
 
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** Canadian business software maker's U.S.-listed shares down 9 pct at $49.50 after hours

** Total revenue falls, hurt largely by decline in professional service business

** Q3 revenue for professional service falls about 14 pct

** Buys cloud-based information exchange services provider ANXeBusiness Corp for $100 mln

** Up to Wednesday's close, stock had fallen 2.2 pct in past 12 months