August 19, 2008 / 8:38 PM / in 9 years

Open Text profit tops analysts' expectations

(In U.S. dollars unless noted)

TORONTO, Aug 19 (Reuters) - Business software maker Open Text Corp OTC.TO(OTEX.O) reported a quarterly profit that beat analyst expectations on Tuesday as higher license and customer support revenue helped results.

Open Text, which makes software that helps companies manage internal data, said it earned $27.2 million, or 51 cents a share, for the three months ended June 30. That was up from a profit of $8.2 million, or 16 cents a share, in the same period a year earlier.

The closely watched adjusted profit hit 63 cents a share, up from 52 cents a share in the year-before quarter.

$1=$1.06 Canadian Reporting by Wojtek Dabrowski; editing by Peter Galloway

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below