Short answer
Open Text Corp (OTEX) filed its Q4 2016 10-Q quarterly report on Feb 2, 2017 for the quarter ended Dec 31, 2016.
Open Text Corp Q4 2016 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $542.7M, up 16.6% YoY from $465.3M, led by customer support revenue $219.7M
- GAAP operating margin 19.7% vs 23.6%; gross margin 69.0% vs 70.0% YoY
- License revenue $97.8M, up 19.4%; professional services revenue $50.2M, down $0.03M
- Cash $1,722.5M vs $1,283.8M; operating cash flow $180.5M, down 16.7% YoY
- Equity offering and debt reopening raised approximately $840M; Dell-EMC acquisition required approximately $1.62B in January 2017
Risk Factors
- Newly added regulatory risk: IRS draft NOPA proposes $280 million tax increase, 20% penalties and interest
- Most materially updated legal risk: anticipated IRS NOPA adds approximately $80 million for Fiscal 2012 acquisition integration
- Near-term operational risk: Dell-EMC acquisition closed January 23, 2017 for approximately $1.62 billion
- Financial risk: Revolver borrowings increased by $225 million after quarter-end to fund Dell-EMC acquisition and corporate purposes
- Market risk: foreign-currency forward contracts hedge $39.6 million of U.S. dollar payroll exposure to Canadian dollars
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Open Text Corp quarterly reports
- Q3 2019 10-QFiled Oct 31, 2019
- Q1 2019 10-QFiled May 1, 2019
- Q4 2018 10-QFiled Jan 31, 2019
- Q3 2018 10-QFiled Oct 31, 2018
- Q1 2018 10-QFiled May 9, 2018
- Q4 2017 10-QFiled Jan 31, 2018
- Q3 2017 10-QFiled Nov 2, 2017
- Q1 2017 10-QFiled May 8, 2017
- Q3 2016 10-QFiled Nov 3, 2016
- Q1 2016 10-QFiled Apr 27, 2016
- Q4 2015 10-QFiled Feb 9, 2016
- Q3 2015 10-QFiled Oct 28, 2015
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