Reports Fourth Quarter and Fiscal Year 2021 Financial Result Record Annual Total Revenues with Cloud Revenue Growth of 21.6%
Repurchases 2.5 Million Common Shares and Increases Dividend by 10%
WATERLOO, ON, Aug. 5, 2021 /CNW/ --
Fiscal 2021 Fourth Quarter Highlights Y/Y
| Total Revenues (in millions) | | Annual Recurring Revenues (in millions) | | Cloud Revenues (in millions) |
| Reported | Constant Currency | | Reported | Constant Currency | | Reported | Constant Currency |
| $893.5 | $859.4 | | $694.4 | $671.8 | | $360.2 | $352.7 |
| +8.1% | +4.0% | | +5.6% | +2.2% | | +8.3% | +6.0% |
| Annual Recurring Revenues represent 78% of Total Revenues |
- Operating cash flows were $296.2 million and free cash flows were $268.8 million
- GAAP-based net income of $181.3 million, up 586.9% Y/Y, margin of 20.3%, up 1,710 basis points Y/Y
- Adjusted EBITDA of $314.8 million, down 0.8%, margin of 35.2%, down 320 basis points Y/Y
- GAAP-based diluted EPS of $0.66, up 560.0% Y/Y
- Non-GAAP diluted EPS of $0.80, constant Y/Y
- During the quarter, the company repurchased and cancelled 2.5 million common shares for $119.1 million under our Share Repurchase Plan
- Quarterly cash dividend increased by 10%
https://www.newswire.ca/news-releases/opentext-reports-fourth-quarter-and-fiscal-year-2021-financial-results-826885527.html