OpenText (OTEX) CFO On Software Stocks Amid The Rise Of A.I.

OpenText (OTEX) CFO Madhu Ranganathan joins Oliver Renick to give an overview of the company and discuss its latest earnings. OTEX provides software and information management solutions. OTEX’s 1Q adjusted EPS came in at $1.01 versus an estimated $0.91 and its revenue came in at $1.43B versus an estimated $1.41B. Ranganathan talks about the outlook for software stocks amid the rise of A.I. She also goes over some of OTEX’s notable customers including Vodafone, Sprint, Hyatt, Chevron, and Ulta Beauty. She then outlines what’s next for OTEX. Tune in to find out more about the stock market today.