October 26, 2011 / 8:24 PM / 6 years ago

UPDATE 1-Open Text Q1 profit rises on strong global demand

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Oct 26 (Reuters) - Canada’s Open Text Corp posted a higher quarterly profit helped by strong sales in the emerging markets.

The software maker posted July-September net income of $35 million, or 60 cents per share, compared with $21.7 million, or 37 cents a share, in the year ago period.

Total revenue rose nearly 33 percent to $288.0 million.

Excluding items, the company earned $1.01 per share. (Reporting by Arnav Das Sharma in Bangalore; Editing by Viraj Nair)

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