Thread regarding Open Text Corp. layoffs

My earnings prediction

From where I sit in the company. I see lots of customers leaving and almost zero new ones

With that evidence and the currency headwind with the stronger dollar and the fact we made last quarters numbers with two lucky unexpected last minute deals, I believe we will miss earnings on April 29

Stock then will drop to 15


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| 901 views | | 4 replies (last March 9) | Reply
Post ID: @OP+1kjyehhe4

4 replies (most recent on top)

Once the stock is under $20 we’ll be acquired.

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Post ID: @xs+1kjyehhe4

@bz agree. made the q maybe but last big value to land.

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Post ID: @d2+1kjyehhe4

Hmmm 2 last minute deals to make last quarters numbers.

I am willing to bet those two last minute deals were not from a new logo won. My guess (I could be wrong) is they probably pulled a couple of deals forward by deeply discounting them, thus making the quarter.
This was a standard practice at OT..and probably still is.

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Post ID: @bz+1kjyehhe4

@OP Our client list is quickly becoming a work of pure fiction.

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Post ID: @a3+1kjyehhe4

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