OpenText Earnings Beat Estimates, Sets 2-For-1 Split
OpenText (OTEX) stock jumped to an all-time high Friday after the company posted quarterly earnings late Thursday that beat Wall Street views and also announced a 2-for-1 stock split. The enterprise software company reported revenue of $363.5 million, up 3% from the year-earlier quarter and above the analyst consensus estimate of $352.5 million. Earnings per share minus items of $1.58 beat estimates of $1.50, for its fiscal second quarter ended