OpenText Results Presentation Deck slide image

OpenText Results Presentation Deck

Q3 FY'20 Quarterly Factors:(1) ● ● ● Economy: O O O O O Global recession concerns Trade and tariff wars Geo-political: O Externalities Europe, US, manufacturing slowdown Corona virus Currency: Gulf Nations Brexit FX headwinds continue opentext™ ● ● ● ● Our business is annual, and quarters will vary FY'20 FX headwind unchanged at ~$35 million Expect low double-digit revenue growth in Q3 FY'20 on a y/y basis, including Carbonite and FX • Expect Non-GAAP Total Operating Expenses to be -30% higher in Q3 FY'20 compared to Q2 FY'20 of $286.1M Seasonal increase at OTEX (annual performance cycle) Full quarter of Carbonite operations Q3 FY'20 A-EBITDA dollars to be flat to slightly up y/y, compared to Q3 FY'19 1. The Q3 Quarterly Factors are anticipated quarterly variances that do not reflect OpenText's annual business. Company Specific (including Carbonite) O O Open Text Confidential. ©2020 All Rights Reserved. 8
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