February 7, 2008 / 9:13 PM / 10 years ago

Open Text reports higher second-quarter profit

(In U.S. dollars)

TORONTO, Feb 7 (Reuters) - Business software firm Open Text Corp OTC.TOOTEX.O reported a higher second-quarter profit on Thursday as increased license, support and service revenues helped results.

Open Text said it earned $10.68 million, or 20 cents a share, for the three months ended Dec. 31. That was up from a profit of $2.27 million, or 4 cents a share, in the same period a year earlier. The key adjusted profit figure hit 50 cents a share, up from 35 cents a share a year before.

$1=$1.01 Canadian Reporting by Frank Pingue; Editing by Peter Galloway

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