National Bank Financial cut shares of Open Text (TSE:OTC – Free Report) from a strong-buy rating to a hold rating in a report released on Thursday, Zacks.com reports.
Open Text Price Performance
Open Text (TSE:OTC – Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported C$1.13 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.11 by C$0.02. The business had revenue of C$1.95 billion during the quarter, compared to the consensus estimate of C$1.95 billion.
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