OpenText forecasts Q2 revenue of USD 1.26 billion to USD 1.29 billion
OTEX•OpenText expects fiscal second-quarter revenue of USD 1.26 billion to USD 1.29 billion and an adjusted EBITDA margin of 33% to 34%.
1. Quarterly outlook
OpenText forecast fiscal second-quarter revenue of USD 1.26 billion to USD 1.29 billion, with an adjusted EBITDA margin of 33% to 34%. The outlook includes increased research and sales investments. First-quarter adjusted EBITDA margin was 35.8%, above the 32% to 33% forecast.
2. Fiscal 2027 forecast
OpenText forecast fiscal 2027 revenue of USD 5.14 billion to USD 5.19 billion, including roughly USD 30 million in unfavorable currency effects. It expects an adjusted EBITDA margin of 32% to 33%, free cash flow of USD 625 million to USD 725 million, core revenue growth of 2% to 3% in constant currency and core cloud revenue growth of 8% to 10%.
