Summary of Quarterly Results - Constant Currency |
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Q3 FY15 re-presented on a constant currency basis |
Q3 FY14 |
$ Change |
% Change |
FX impact - higher (lower) |
||||||||
Revenues: (in millions) |
||||||||||||
Cloud services |
$149.9 |
$128.4 |
$21.5 |
16.7 |
% |
$ |
(6.1) |
|||||
Customer support |
198.2 |
180.3 |
17.9 |
9.9 |
% |
(13.9) |
||||||
Professional service and other |
60.1 |
61.0 |
(0.9) |
(1.5) |
% |
(4.6) |
||||||
Total Recurring revenues |
$408.2 |
$369.7 |
$38.5 |
10.4 |
% |
$ |
(24.6) |
|||||
License |
$70.3 |
73.1 |
(2.8) |
(3.8)% |
(6.3) |
|||||||
Total revenues |
$478.5 |
$442.8 |
$35.7 |
8.1 |
% |
$ |
(30.9) |
|||||
Non-GAAP-based operating margin (2) |
26.3 |
% |
29.1 |
% |
n/a |
(280) |
bps |
|||||
Non-GAAP-based EPS, diluted (2) |
$0.73 |
$0.84 |
($0.11) |
(13.1) |
% |
($0.07) |
"In Q315, our cloud revenue grew 12%, up 17% in constant currency and we closed 7 iX deals over $1 million, the benefit of which we will see in our future ongoing cloud revenues," said OpenText CEO Mark J. Barrenechea . "Our products and services are resonating with enterprise customers and OpenText is well positioned to lead the digital transformation in the cloud."