11:32 AM EST - Open Text Corp. : reported GAAP net income of $19.5 million or $0.36 per share for the fourth quarter, compared to $27.3 million or $0.51 per share in the year-ago quarter. Adjusted net income was $39.2 million or $0.73 per share, up from $33.3 million or $0.63 per share in the previous year quarter. Total revenue for the fourth quarter was $203.4 million, up 2% from $200.3 million in the prior-year quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.69 per share on revenue of $213.22 million for the quarter. Analysts' estimates typically exclude one-time items. Open Text Corp.
shares T.OTC are trading up $1.45 at $42.75.
