Short answer
Open Text Corp (OTEX) filed its Q1 2017 10-Q quarterly report on May 8, 2017 for the quarter ended Mar 31, 2017.
Open Text Corp Q1 2017 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $593.1M, up 34.6% YoY from $440.5M, led by customer support $263.4M versus $183.6M
- GAAP operating margin 11.0% vs 20.1% YoY, gross margin 64.5% vs 67.9%
- Best line: customer support revenue up $79.8M; worst margin: professional services 15.0% vs 16.5%
- Cash $449.0M vs $1,283.8M; operating cash flow $336.8M, down 17.2%; acquisitions included ECD for $1.6B
- Outlook: continued strategic acquisitions and approximately $77M quarterly R&D investment; IRS tax exposure estimated at approximately $575M
Risk Factors
- ECD Business integration risk: carve-out acquisition may cause system disruptions, customer losses and delayed synergies
- Acquisition execution risk: unanticipated integration costs could dilute earnings per share and delay accretion
- Tax risk: $876.1 million deferred-tax benefit was non-recurring and limited to first-quarter Fiscal 2017
- Financial reporting risk: effective tax rate was a 496.3% recovery versus a 9.4% provision prior year
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
- Q4 2016 10-QFiled Feb 2, 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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