OpenText Results Presentation Deck slide image

OpenText Results Presentation Deck

Summary of Quarterly Results with Constant Currency Q2 FY'20 in CC* (in millions except per share data) Revenues: Cloud services and subscriptions Customer support Total annual recurring revenues** License Professional service and other Total revenues GAAP-based operating income Non-GAAP-based operating income (1) GAAP-based EPS, diluted Non-GAAP-based EPS, diluted(1)(2) GAAP-based net income, attributable to OpenText Adjusted EBITDA(1) Operating cash flows Q2 FY'20 opentext™ $248.3 315.5 $563.8 138.1 69.6 $771.6 $184.7 $296.4 $0.40 $0.84 $107.5 $317.0 $207.2 Q2 FY'19 $219.2 310.4 $529.6 132.8 72.9 $735.2 $173.9 $284.5 $0.39 $0.80 $104.4 $308.3 $189.1 $ Change $29.1 5.2 $34.3 5.3 (3.3) $36.3 $10.8 $11.9 $0.01 $0.04 $3.0 $8.7 $18.1 % Change 13.3 % 1.7 % 6.5 % 4.0 % (4.5) % 4.9 % 6.2 % 4.2 % 2.6 % 5.0 % 2.9 % 2.8 % 9.6 % $250.2 320.6 $570.8 140.2 70.8 $781.8 N/A $303.0 N/A $0.86 N/A $323.4 N/A % Change in CC* 14.1 % 3.3 % 7.8 % 5.6 % (2.9) % 6.3 % N/A 6.5 % N/A 7.5 % N/A 4.9 % N/A (1) See reconciliation of GAAP-based measures to Non-GAAP-based measures at the end of this presentation (2) Please also see note 14 to the Company's Fiscal 2018 Consolidated Financial Statements on Form 10-K. Reflective of the amount of net tax benefit arising from the internal reorganization assumed to be allocable to the current period based on the forecasted utilization period. Note: Individual line items in table may be adjusted by non-material amounts to enable totals to align to published financial statements. *CC: Constant currency for this purpose is defined as the current period reported revenues/expenses/earnings represented at the prior comparative period's foreign exchange rate. ** Annual recurring revenue is defined as the sum of Cloud services and subscriptions revenue and Customer support revenue. Open Text Confidential. ©2020 All Rights Reserved. 13
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