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Open Text reports decline in 4th-qtr profit but adjusted earnings top expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Open Text reports decline in 4th-qtr profit but adjusted earnings top expectations Posted: Aug 21, 2009 2:55 AM
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Original Post: Open Text reports decline in 4th-qtr profit but adjusted earnings top expectations
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Open Text reports decline in 4Q profit NEW YORK — Business software provider Open Text Corp. said Thursday its fiscal fourth-quarter profit fell 40 percent as higher costs and expenses offset a small gain in revenue, but adjusted results beat Wall Street expectations. For the three months ended June 30, net income fell to $19.5 million, or [...]

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