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OTEX
NASDAQ Technology

OpenText Pre-Announces Q3 FY26 Revenue of $1.28 Billion Ahead of Full Results

Analysis by Wiseek.ai
Sentiment info
Neutral
Importance info
7
Price
$20.73
Mkt Cap
$5.152B
52W Low
$19.995
52W High
$39.9
Market data snapshot near publication time

summarizeSummary

OpenText Corporation announced preliminary third quarter fiscal year 2026 revenue expectations of approximately US$1.28 billion, ahead of its full financial results release on May 7, 2026.


check_boxKey Events

  • Preliminary Q3 FY26 Revenue Announced

    OpenText expects preliminary third quarter fiscal year 2026 revenue to be approximately US$1.28 billion.

  • Full Q3 FY26 Results Date Set

    The company will release its full financial results for the third quarter fiscal year 2026 on Thursday, May 7, 2026.

  • Incoming CEO to Participate in Earnings Call

    Incoming Chief Executive Officer, Ayman Antoun, who commences his role on April 20, 2026, will participate in the May 7, 2026 earnings call.


auto_awesomeAnalysis

OpenText provided an early look at its third-quarter fiscal year 2026 performance by announcing preliminary revenue expectations of approximately US$1.28 billion. This disclosure, made while the company's stock is trading near its 52-week low, offers investors an initial data point ahead of the full earnings release scheduled for May 7, 2026. The upcoming earnings call will also mark the first public participation of incoming CEO Ayman Antoun, adding further significance to the event as investors will be keen to hear his initial outlook and strategy.

At the time of this filing, OTEX was trading at $20.73 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.2B. The 52-week trading range was $20.00 to $39.90. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.

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