OpenText Reports Third Quarter Fiscal Year 2015 Financial Results

 

OPEN TEXT CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(In thousands of U.S. dollars, except share and per share data)

(unaudited)



Three Months Ended March 31,


Nine Months Ended March 31,


2015


2014


2015


2014

Revenues:








License

$

63,958



$

73,083



$

198,397



$

209,553


Cloud services

143,822



128,400



445,097



212,178


Customer support

184,335



180,290



547,707



523,155


Professional service and other

55,462



60,981



178,008



185,835


Total revenues

447,577



442,754



1,369,209



1,130,721


Cost of revenues:








License

3,014



3,527



9,514



9,867


Cloud services

59,989



49,464



174,959



79,692


Customer support

24,092



25,206



71,252



71,785


Professional service and other

44,330



49,218



136,332



145,898


Amortization of acquired technology-based intangible assets

22,136



17,147



58,548



51,712


Total cost of revenues

153,561



144,562



450,605



358,954


Gross profit

294,016



298,192



918,604



771,767


Operating expenses:








Research and development

53,222



47,199



144,134



129,332


Sales and marketing

95,787



93,700



265,896



244,403


General and administrative

45,722



39,336



121,327



101,037


Depreciation

12,809



10,527



37,516



23,883


Amortization of acquired customer-based intangible assets

28,250



24,679



79,498



54,388


Special charges

5,622



15,902



4,032



25,901


Total operating expenses

241,412



231,343



652,403



578,944


Income from operations

52,604



66,849



266,201



192,823


Other income (expense), net

(9,550)



1,652



(28,737)



2,838


Interest and other related expense, net

(16,872)



(9,734)



(36,426)



(17,159)


Income before income taxes

26,182



58,767



201,038



178,502


Provision for (recovery of) income taxes

(309)



12,971



35,401



48,576


Net income for the period

$

26,491



$

45,796



$

165,637



$

129,926


Net (income) loss attributable to non-controlling interests

119



88



(114)



88


Net income attributable to OpenText

$

26,610



$

45,884



$

165,523



$

130,014


Earnings per share—basic attributable to OpenText

$

0.22



$

0.38



$

1.36



$

1.09


Earnings per share—diluted attributable to OpenText

$

0.22



$

0.38



$

1.35



$

1.08


Weighted average number of Common Shares outstanding—basic

122,158



120,873



122,042



119,048


Weighted average number of Common Shares outstanding—diluted

123,054



122,100



122,980



120,031


Dividends declared per Common Share

$

0.1725



$

0.1500



$

0.5175



$

0.4500



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »



Review Article Be the first to review this article
Aldec


Featured Video
Latest Blog Posts
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
What’s on Tap from the ESD Alliance? Plenty! Read On …
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automating IP and SoC Development
Jobs
Senior Staff Field Application Engineer for Global Foundaries at Santa Clara, California
Pre-silicon Design Verification Engineer for Intel at Santa Clara, California
Sr Engineer - RF/mmWave IC Design for Global Foundaries at Santa Clara, California
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
Senior HID Sensor Algorithm Architect for Apple Inc at Cupertino, California
Principle Engineer (Analog-Mixed-Signal Implementation) for Global Foundaries at Santa Clara, California
Upcoming Events
Virtual ASMC 2021 at United States - May 10 - 12, 2021
DVCon China 2021 at Shanghai China - May 26, 2021
CadenceLIVE Americas 2021 at United States - Jun 8 - 9, 2021
DesignCon 2021 at San Jose McEnery Convention Center San Jose, CA San Jose CA - Aug 16 - 18, 2021
True Circuits PHY



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise