Open Text Corp (USA) (O:OTEX)
Business Focus: Enterprise Software
Insider Filings
Latest 10 SEC Form 4 filings for OTEX*US within the last 6 months
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Company News
May 08, 2024 09:00 ET
OpenText Completes $2 Billion Debt Reduction
WATERLOO, ON, May 8, 2024 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due 2030.
May 08, 2024 09:00 ET
OpenText Completes $2 Billion Debt Reduction
WATERLOO, ON, May 8, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due 2030.
Valuation Ratios
Industry
Sector
Beta
1.12
--
--
Price to Sales - TTM
1.41
4.67
2.74
Price to Book - most recent quarter
2.01
2.75
2.05
Price to Cash Flow per share - TTM
8.09
19.75
14.40
Price to Free Cash Flow per share - TTM
17.01
33.72
25.27
Business Summary
| Sector: Technology | Industry: Software |
OpenText Corporation is a Canada-based information management company, which provides software and services. The Company's comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Company's solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services.
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