BUZZ-Open Text Corp: Q2 revenue misses

Tue Jan 27, 2015 4:53pm EST
 
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** Canadian business-software maker's U.S.-listed shares down 10.6 pct at $59.25 in extended trading

** Q2 revenue misses average estimate, hit by strong U.S. dollar and as revenue from new licenses fell

** Total revenue of $467.8 mln below analysts' average estimate of $486.7 mln, according to Thomson Reuters I/B/E/S

** Takes forex charge of $15 mln

** Revenue from license business, 16 pct of total revenue, falls 7 pct

** Company's Toronto-listed shares, which have risen 39 pct in past 12 months, closed at C$73.92