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OpenText sees revenues soar more than 40 per cent in third quarter, income dips

Summary by Ground News
Open Text Corp. says its net income was US$57.6 million in the third quarter. Revenues were US$1.24 billion, up 41.1 per cent from US$882.3 million a year earlier. CEO Mark Barrenechea said the company's growth strategy and acquisition of Micro Focus helped deliver a record third quarter revenue.

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SooToday.com broke the news in Sault Ste. Marie, Canada on Thursday, May 4, 2023.
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