Open Text (Open Text) 3-Year Revenue Growth Rate : 12.40% (As of Dec. 2023)

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What is Open Text 3-Year Revenue Growth Rate?

Open Text's Revenue per Share for the three months ended in Dec. 2023 was $5.64.

During the past 12 months, Open Text's average Revenue per Share Growth Rate was 65.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Open Text was 71.50% per year. The lowest was 3.10% per year. And the median was 16.30% per year.

Competitive Comparison of Open Text's 3-Year Revenue Growth Rate

For the Software - Application subindustry, Open Text's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Open Text's 3-Year Revenue Growth Rate Distribution in the Software Industry

For the Software industry and Technology sector, Open Text's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Open Text's 3-Year Revenue Growth Rate falls into.

Open Text 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Open Text (NAS:OTEX) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Open Text 3-Year Revenue Growth Rate Related Terms

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Open Text (Open Text) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (NAS:OTEX) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

OTX:Germany OTX:Germany OTEX:Canada

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). The OpenText Information Management platform and services provide secure and scalable solutions for global enterprises, SMBs, governments, and consumers around the world. It also accelerates transformations with intelligent tools and services. The company is based in Ontario, Canada.