WATERLOO, ON, Feb. 27, 2025 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional patient experiences to healthcare providers at the Healthcare Information and Management Systems Society Conference (HIMSS) 2025 in Las Vegas, March 3-6.

Providers are facing myriad challenges and strong economic pressures, including fragmented communications across providers; paper-based administrative workflows; and rising ransomware threats. Inefficient data management is also a concern; an IMO Health study showed that only 53 percent of healthcare leaders are satisfied with their organization's data quality management.

WATERLOO, ON, Feb. 27, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) will showcase its industry-leading ability to deliver secure communications, streamlined workflows and exceptional patient experiences to healthcare providers at the Healthcare Information and Management Systems Society Conference (HIMSS) 2025 in Las Vegas, March 3-6.

Providers are facing myriad challenges and strong economic pressures, including fragmented communications across providers; paper-based administrative workflows; and rising ransomware threats. Inefficient data management is also a concern; an IMO Health study showed that only 53 percent of healthcare leaders are satisfied with their organization's data quality management.

WATERLOO, ON, Feb. 26, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns.

WATERLOO, ON, Feb. 26, 2025 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced Chadwick Westlake as Executive Vice President, Chief Financial Officer, effective March 5, 2025, to succeed Madhu Ranganathan. This appointment underscores the company's commitment to excellence and reinforces its top priorities on total revenue growth, increased competitive advantage, margin and free cash flow expansion, and upper quartile capital returns.

New Webroot Total Protection safeguards personal and financial information

WATERLOO, ON, Feb. 25, 2025 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, an all-in-one cybersecurity solution built to go beyond traditional device security to deliver comprehensive digital life protection for individuals and families. With identity protection, VPN, parental controls, and unlimited cloud backup, users can safeguard their data, privacy, and online activities—all from a single, seamless platform.

New Webroot Total Protection safeguards personal and financial information

WATERLOO, ON, Feb. 25, 2025 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced Webroot Total Protection, an all-in-one cybersecurity solution built to go beyond traditional device security to deliver comprehensive digital life protection for individuals and families. With identity protection, VPN, parental controls, and unlimited cloud backup, users can safeguard their data, privacy, and online activities—all from a single, seamless platform.

AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security tools

WATERLOO, ON, Feb. 20, 2025 /CNW/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally available with Cloud Editions 25.2.  OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities.  Protecting against threats both inside and outside an organization, OpenText is dedicated to helping organizations gain the strongest defense postures possible, in a machine-to-machine attack world.

AI-powered threat defense to process billions of machine events and seamlessly integrate with existing security solutions to boost detection response and reduce risks for users of Microsoft Security tools

WATERLOO, ON, Feb. 20, 2025 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced OpenText™ Core Threat Detection and Response, a new AI-powered cybersecurity solution for threat detection to be generally available with Cloud Editions 25.2.  OpenText has greatly expanded its Cybersecurity portfolio in recent years, and its next generation of innovation is centered on enabling enterprises with world-class threat hunting, detection and response capabilities.  Protecting against threats both inside and outside an organization, OpenText is dedicated to helping organizations gain the strongest defense postures possible, in a machine-to-machine attack world.

Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth

Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6%

GAAP EPS of $0.87, Non-GAAP EPS of $1.11

Operating Cash Flows of $348M and Free Cash Flows of $307M

Fiscal 2025 Second Quarter Highlights

Total Revenues

(in millions)

Annual Recurring Revenues

(in millions)

Cloud Revenues

(in millions)

$1,335

$1,053

$462

(13.1) %

(8.1) %

+2.7 %

Annual Recurring Revenues represent 79% of Total Revenues

"OpenText's Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company's top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns," said Mark J. Barrenechea, OpenText CEO & CTO.

Mr. Barrenechea added: "By helping customers adapt to the new world of multi-cloud, we are making their businesses more resilient and future-ready. Our next generation platform Titanium X (Cloud Editions 25.2) is on target for Q4 delivery. With Titanium X as our foundation, we are empowering organizations to seamlessly integrate cloud, security, and AI, helping them adapt and thrive in this dynamic ecosystem."

Mark J. Barrenechea, OpenText CEO & CTO

"OpenText generated solid adjusted EBITDA margin this quarter, reflecting our continued focus on operational discipline, efficiency and margin expansion," said Madhu Ranganathan, OpenText President, CFO & Corporate Development. "Our initiatives to drive efficiencies across the business and our execution in the second half of fiscal 2025 will put us in a position to deliver a strong fiscal 2026."

                                                                                Madhu Ranganathan, OpenText President & CFO

Total Revenues of $1.335B, 16 Consecutive Quarters of Cloud Organic Growth

Delivers Net Income Margin of 17%, Robust Adjusted EBITDA Margin of 37.6%

GAAP EPS of $0.87, Non-GAAP EPS of $1.11

Operating Cash Flows of $348M and Free Cash Flows of $307M

Fiscal 2025 Second Quarter Highlights

Total Revenues

(in millions)

Annual Recurring Revenues

(in millions)

Cloud Revenues

(in millions)

$1,335

$1,053

$462

(13.1) %

(8.1) %

+2.7 %

Annual Recurring Revenues represent 79% of Total Revenues

"OpenText's Q2 results demonstrate the strength of our operating model, delivering $501 million of adjusted EBITDA, and 37.6% adjusted EBITDA margin, and generating $307 million of Free Cash Flows (FCF). The Company's top priorities remain total growth, competitive advantage, margin expansion and FCF, while producing upper quartile capital returns," said Mark J. Barrenechea, OpenText CEO & CTO.

Mr. Barrenechea added: "By helping customers adapt to the new world of multi-cloud, we are making their businesses more resilient and future-ready. Our next generation platform Titanium X (Cloud Editions 25.2) is on target for Q4 delivery. With Titanium X as our foundation, we are empowering organizations to seamlessly integrate cloud, security, and AI, helping them adapt and thrive in this dynamic ecosystem."

Mark J. Barrenechea, OpenText CEO & CTO

"OpenText generated solid adjusted EBITDA margin this quarter, reflecting our continued focus on operational discipline, efficiency and margin expansion," said Madhu Ranganathan, OpenText President, CFO & Corporate Development. "Our initiatives to drive efficiencies across the business and our execution in the second half of fiscal 2025 will put us in a position to deliver a strong fiscal 2026."

                                                                                Madhu Ranganathan, OpenText President & CFO