- 22 customer transactions over $1 million, 10 OpenText Cloud and 12 on-premise
- Financial, Consumer Goods, Services, Technology and Public Sector industries saw the most demand in cloud and license
- Key customer wins in the quarter included All InBox, City of Philadelphia, Corsair, PFU Limited, Central Provident Fund Board, Airports of Thailand, Progressive Insurance, ADP, Massachusetts Bay Transportation Authority, Nidec Automotive, Blue Shield of California, MUFG Union Bank, Bank Mandiri, West Bend Mutual Insurance Company, National Grid UK, SwissLife, Tieto, McGill University, and United States Census Bureau
- Madhu Ranganathan Joins OpenText as Chief Financial Officer
- OpenText acquires Hightail, a leading cloud service for file sharing and creative collaboration
- OpenText Release 16 EP4 extends security, artificial intelligence (AI), the internet of things (IoT), and cloud support into the market-leading OpenText EIM platform
- OpenText Enfuse 2018 to showcase the future of cybersecurity and digital investigations
- OpenText Enterprise World 2018 to Showcase the Intelligent and Connected Enterprise
Dividend Program Highlights
As part of our quarterly, non-cumulative cash dividend program, the Board declared on May 8, 2018 a cash dividend of $0.1518 per common share. The record date for this dividend is June 8, 2018 and the payment date is June 29, 2018. Future declarations of dividends and the establishment of future record and payment dates are subject to the final determination and discretion of the Board of Directors.
Summary of Quarterly Results |
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|
Q3 FY18 |
Q2 FY18 |
Q3 FY17 |
% Change (Q3 FY18 vs
|
|
% Change (Q3 FY18 vs
|
| |||||
Revenue (million) |
$685.9 |
|
$734.4 |
|
$593.1 |
|
(6.6) |
% |
|
15.6 |
% |
|
GAAP-based gross margin |
64.6 |
% |
67.3 |
% |
64.5 |
% |
(270) |
|
bps |
10 |
|
bps |
GAAP-based operating margin |
14.9 |
% |
22.7 |
% |
11.0 |
% |
(780) |
|
bps |
390 |
|
bps |
GAAP-based EPS, diluted |
$0.22 |
|
$0.32 |
|
$0.08 |
|
(31.3) |
% |
|
175.0 |
% |
|
Non-GAAP-based gross margin (1) |
71.6 |
% |
73.9 |
% |
71.2 |
% |
(230) |
|
bps |
40 |
|
bps |
Non-GAAP-based operating margin (1) |
29.8 |
% |
36.5 |
% |
29.1 |
% |
(670) |
|
bps |
70 |
|
bps |
Non-GAAP-based EPS, diluted (1)(3) |
$0.54 |
|
$0.76 |
|
$0.45 |
|
(28.9) |
% |
|
20.0 |
% |
|