(PRNewswire) — Open Text Corporation (NASDAQ: OTEX) (TSX: OTC) announced today its financial results for the third quarter ended March 31, 2015.
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Financial Highlights for Q3 FY15 with Year Over Year Comparisons (1) |
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Summary of Quarterly Results |
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Q3 FY15 |
Q3 FY14 |
$ Change |
% Change |
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|
Revenues: (in millions) |
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|
Cloud services |
$143.8 |
$128.4 |
$15.4 |
12.0 |
% |
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|
Customer support |
184.3 |
180.3 |
4.0 |
2.2 |
% |
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|
Professional service and other |
55.5 |
61.0 |
(5.5) |
(9.0) |
% |
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|
Total Recurring revenues |
$383.6 |
$369.7 |
$13.9 |
3.8 |
% |
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|
License |
64.0 |
73.1 |
(9.1) |
(12.4) |
% |
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|
Total revenues |
$447.6 |
$442.8 |
$4.8 |
1.1 |
% |
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|
Non-GAAP-based operating margin(2) |
25.7 |
% |
29.1 |
% |
n/a |
(340) |
bps |
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|
GAAP-based operating margin |
11.8 |
% |
15.1 |
% |
n/a |
(330) |
bps |
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|
Non-GAAP-based EPS, diluted (2) |
$0.66 |
$0.84 |
($0.18) |
(21.4) |
% |
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|
GAAP-based EPS, diluted |
$0.22 |
$0.38 |
($0.16) |
(42.1) |
% |
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|
Operating cash flows (in millions) |
$143.1 |
$141.4 |
$1.7 |
1.2 |
% |
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