Open Text Corporation (NASDAQ:OTEX) Q4 2019 Earnings Conference Call - Final Transcript

Aug 01, 2019 • 05:00 pm ET


Open Text Corporation (NASDAQ:OTEX) Q4 2019 Earnings Conference Call - Final Transcript


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Thank you for standing by. This is the conference operator. Welcome to the OpenText Corporation Fourth Quarter and Year End Fiscal 2019 Conference Call.

[Operator Instructions]

I would now like to turn the conference over to Harry Blount, Senior Vice President and Global Investor Relations. Please go ahead, sir.

Harry E. Blount

Thank you, operator, and good afternoon everyone. On the call today is OpenText's Chief Executive Officer and Chief Technology Officer, Mark J. Barrenechea and our Executive Vice President and Chief Financial Officer, Madhu Ranganathan. We have some prepared remarks, which will be followed by a question-and-answer session. This call will last approximately 60 minutes with a replay available shortly thereafter.

I would like to take a moment and direct investors to the Investor Relations section of our website,, where we have posted two presentations that will supplement our prepared remarks today. The first is our strategic overview titled OpenText Investor Presentation. The second, titled Q4 and F2019 Financial and Business Results, includes information and financials specific to our quarterly and FY 2019 results. Notably, our updated quarterly factors on page 9.

In August and September, OpenText management is looking forward to meeting with investors in Canada and the United States. We will be attending the KeyBanc Technology Leadership Forum on August 12 in Vail, Colorado, as well as the Citi Technology Conference on September 5th in New York. Please feel free to reach out to me or the Investor Relations team directly for more information.

And now I'd like to tell you about an exciting event coming up for OpenText. OpenText is pleased to announce that we will be participating in the NASDAQ Opening Bell Ceremony at the NASDAQ Market site in New York's Times Square on September 5th. The event will be live, live streamed at 09:20 a.m. on the Investor Relations website.

And finally, I'd like to remind institutional investors and equity analysts that OpenText will be hosting Investor Day on the morning of Friday, September 6th at the Lotte New York Palace. This event will consist of our annual investor update featuring strategic presentations from key members of our executive leadership team. Please contact to RSVP and confirm your attendance. For those unable to attend, presentation material as well as listen-only teleconference and audiocast will be publicly available on the Investor Relations website.

And now, we will proceed with the reading of our Safe Harbor statement. Please note, during the course of this conference call, we may make statements relating to the future performance of OpenText that contain forward-looking information. While these forward-looking statements represent our current judgment, actual results could differ materially from a conclusion, forecast or projection in the forward-looking statements made today.

Certain material factors and assumptions were applied in drawing any such statements. Additional information about the material factors that could cause actual results to differ materially from a conclusion, forecast or projection in the forward-looking information as well as risk factors that may project future performance results of OpenText are contained in