OpenText Reports Fourth Quarter and Fiscal Year 2019 Financial Results

 

Summary of Quarterly Results

             

(in millions except per share data)

Q4 FY19

Q4 FY18

$ Change

% Change
(Y/Y)

 

Q4 FY19
in CC*

% Change
in CC*

Revenues:

             

Cloud services and subscriptions

$241.9

 

$217.9

 

$24.0

 

11.0

%

 

$246.5

 

13.1

%

Customer support

315.2

 

316.8

 

(1.5)

 

(0.5)

%

 

325.4

 

2.7

%

Total annual recurring revenues**

$557.1

 

$534.6

 

$22.5

 

4.2

%

 

$572.0

 

7.0

%

License

119.7

 

139.9

 

(20.2)

 

(14.4)

%

 

124.1

 

(11.3)

%

Professional service and other

70.4

 

79.7

 

(9.3)

 

(11.7)

%

 

73.2

 

(8.1)

%

Total revenues

$747.2

 

$754.3

 

($7.0)

 

(0.9)

%

 

$769.3

 

2.0

%

GAAP-based operating income

$158.0

 

$149.4

 

$8.6

 

5.8

%

 

N/A

N/A

Non-GAAP-based operating income (1)

$259.0

 

$259.1

 

($0.1)

 

%

 

$266.9

 

3.0

%

GAAP-based EPS, diluted

$0.27

 

$0.23

 

$0.04

 

17.4

%

 

N/A

N/A

Non-GAAP-based EPS, diluted (1)(2)

$0.72

 

$0.72

 

$—

 

%

 

$0.74

 

2.8

%

GAAP-based net income attributable to OpenText

$72.0

 

$61.7

 

$10.3

 

16.6

%

 

N/A

N/A

Adjusted EBITDA (1)

$283.9

 

$281.8

 

$2.1

 

0.8

%

 

$292.2

 

3.6

%

Operating cash flows

$229.8

 

$204.1

 

$25.7

 

12.6

%

 

N/A

N/A


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