Open Text (OTEX) EVP & CFO On Earnings & Information Management Software

Open Text (OTEX) develops and sells enterprise information management software. Madhu Ranganathan discusses OTEX as it manages content or unstructured data for large companies, government agencies, and professional service firms. She talks about how OTEX aims products at addressing information management needs. She then goes over the outlook for the company and what worked in 1Q. She looks at OTEX's earnings which were released yesterday, May 4th. Its adjusted EPS came in at $0.73 versus an estimated $0.51 and its revenue came in at $1.24B versus an estimated $1.20B. Tune in to find out more about the stock market today.