Open Text Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Open Text Corporation on August 3, 2017. The filing primarily serves to announce the Company's financial results for the quarter and fiscal year ended June 30, 2017, via a press release attached as Exhibit 99.1.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) and are not detailed in the body of this 8-K document.
Material Changes and Other Events
Cash Dividend Declaration: The Board of Directors declared a cash dividend of $0.1320 per Common Share.
- Record Date: September 1, 2017
- Payment Date: September 22, 2017
Guidance, Outlook, and Risks
The filing does not contain specific forward-looking guidance, management commentary on operational outlook, or detailed risk factors beyond the standard disclaimer regarding the uncertainty of future dividend payments. Investors are directed to the attached press release for detailed results and commentary.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, earnings, and cash flow figures for the quarter and fiscal year ended June 30, 2017.
- Verify the dividend payment schedule and eligibility based on the September 1, 2017 record date.
- Check the Company's credit agreements for any covenants that may impact future dividend declarations.