OpenText raises growth outlook significantly. The enterprise software company reported record cloud revenue in Q3 fiscal 2026 and raised its full-year guidance across multiple metrics. Management now projects free cash flow growth of 22 to 25 percent for the fiscal year, signaling strong operational execution and improved profitability. Cloud revenue acceleration continues to drive the company's performance, with management increasing cloud and bookings targets to reflect stronger-than-expected demand. The new CEO is prioritizing cloud expansion and operational efficiency, positioning the company for sustained growth. Investors should monitor how OpenText executes on these raised targets and whether cloud momentum continues into the next fiscal period.
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