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Open Text to split stock two-for-one, Q2 profit down from year ago

January 23, 2014

WATERLOO, Ont. _ Business software company Open Text Corp. (TSX:OTC) said Thursday it will split its stock two-for-one next month. The announcement of the split came as the company, which keeps its books in U.S. dollars, said it earned a quarterly profit of US$53.5 million or 90 cents per share compared with a profit of $61.1 million or $1.04 per share a year ago. Revenue increased to $363.5 million from $352.2 million .

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Source: Canadian Press DataFile

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