Open Text, leverancier van Enterprise Content Management (ECM) oplossingen, maakte onlangs de resultaten over het derde kwartaal van boekjaar 2005 bekend. De totale omzet in dit kwartaal is 105,2 miljoen USD tegenover 80,2 een jaar eerder.
Het volledige, Engelstalige persbericht over de kwartaalresultaten vindt u hieronder.
Voor meer informatie kunt u contact opnemen met:
Tjerk Suurenbroek
Open Text Benelux
tel: 023-565 23 33
mailto:tsuurenb@opentext.com
http://www.opentext.com
Rianne van der Sar / Marjolein Rigter
Edelman
tel: 023-554 20 30
mailto:nl@edelman.com
http://www.edelmannederland.nl/pressroom
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Open Text Announces Third Quarter 2005 Financial Results
Waterloo, ON - 2005-05-05 - Open Text(tm) Corporation (Nasdaq: OTEX;
TSX: OTC), a leading provider of Enterprise Content Management (ECM) software (1), today announced financial results for its third fiscal quarter ended March 31, 2005.
Financial Highlights
Total revenue for the third quarter was $105.2 million, compared to
$80.2 million in the same period last year. License revenue for the quarter was $33 million, compared to $34.5 million in the same period last year. Revenue results were broadly based, with 51% derived from Europe, 42% from North America and 7% from the Middle East and Asia.
Open Text reported adjusted net income for the third quarter of $10.7 million, or adjusted earnings per share on a diluted basis (EPS) of $0.21, compared to $0.25 adjusted EPS from the same period last year.
Open Text had 51.7 million fully-diluted shares outstanding for the three month period ended March 31, 2005. (2)
Net income for the third quarter in accordance with U.S. Generally Accepted Accounting Principles (GAAP) was $5.3 million, or $0.10 EPS on a diluted basis. This compares to GAAP net income of $3.3 million, or
$0.07 EPS in the same period a year ago.
Total cash flow from operations in the third quarter was $30 million, up 94% from the same period last year. The total cash on hand at quarter end was $99 million or $1.91 per diluted share. Total deferred revenue at quarter end was $80 million, up 18% over the same period a year ago.
Days Sales Outstanding (DSO) was 68 days. During the quarter, the Company repurchased approximately 1 million shares for cancellation at a cost of $18.9 million.
"Driven by a need for compliance and efficiency, more of our customers are electing to increase the size and mix of their deployments to the entire Livelink ECM suite." said John Shackleton, President of Open Text. "As the leader in ECM, we remain confident in our business and believe that focusing on our profitability is the best route for our future success."
Guidance
As announced on April 11, 2005, for the fourth quarter of fiscal 2005 (ending June 30, 2005), the Company estimates revenue of $115 to $125 million with adjusted EPS of $0.30 to $0.40.
Open Text's actual results for future periods may vary from the guidance presented and such variations may be material. Please see note (2) below for a reconciliation of non GAAP based financial measures, used in this press release, to GAAP based financial measures.
About Open Text
Open Text(tm) is a market leader in providing Enterprise Content Management (ECM) solutions that bring together people, processes and information in global organizations. Today, the company supports almost 20 million seats across 13,000 deployments in 114 countries and 12 languages worldwide. For more information on Open Text, go to: www.opentext.com.