Company: Micro Focus

Q3 FY 2024 Revenue Reached $1.4 Billion, Up 16.3% YoY
The Futurum Group’s Daniel Newman and Keith Kirkpatrick share their insights on OpenText’s strong Q3 fiscal 2024 earnings.
In this episode of Infrastructure Matters, hosts Steve Dickens and Krista Macomber take on the latest conference events including Google Cloud Next, The Mainframe’s 60th birthday, and Security Field Day.
Q2 FY 2024 Revenue Reached $1.5B, up 71% YoY, Though Higher Costs Were a Drag on Earnings
The Futurum Group’s Steven Dickens and Keith Kirkpatrick share their insights on OpenText’s strong Q2 fiscal 2024 earnings.
The Acquisition Proposal Comes Less Than One Year Since OpenText Acquired Application Modernization Vendor Micro Focus in a $6 Billion Transaction
Todd R. Weiss and Steven Dickens, analysts with The Futurum Group, share their insights as Rocket Software is buying OpenText’s application modernization unit for $2 billion, as the companies realign their products to focus on their core businesses.
Earnings Growth Powered by Subscription and Cloud Revenue and a Focus on Organic Growth
Daniel Newman, Chief Analyst, and Keith Kirkpatrick, Research Director, at The Futurum Group share their insights on OpenText’s strong Q1 FY 2024 earnings.
Strong Revenue Growth Driven by Healthy Enterprise Cloud Bookings and Rising ARR
Steven Dickens, VP and Practice Leader and Keith Kirkpatrick, Research Director at The Futurum Group share their insights on OpenText’s Q4 and FY 2023 earnings. OpenText Inc. has reported strong Q4 and FY 2023 performance, driven by significant growth in ARR and cloud bookings. Notably, the company achieved its tenth consecutive quarter of organic growth in constant currency for both cloud and ARR. OpenText also launched a new version of its customer experience management platform, integrating technology from its acquisition of Micro Focus setting a target to return Micro Focus to organic growth in 2024.
Futurum senior analyst Steven Dickens provides his top five predictions of what 2023 will have in store for the mainframe platform. As the macroeconomic climate's headwinds get stronger, many mainframe-centric enterprises will have to be more pragmatic toward ambitious mainframe modernization projects. Dickens looks ahead to the five technology trends he sees shaping the mainframe market in 2023 and beyond.
Futurum Research Senior Analyst and VP of Sales Steven Dickens talks with Barbara Ballard, Senior Product Manager, and Michael Mackes, Senior Systems Engineer, from Micro Focus during the SHARE Conference in Dallas. Their conversation centers around their roles on the host access team, how Micro Focus's products facilitate all the connections to the zOS, and how terminal emulation can fit in the landscape and securely protect those connections.
Futurum’s Steven Dickens provides his take on the announcements coming out of AWS re:Invent related to the mainframe platform. AWS continues to sharpen its focus on the venerable mainframe platform with a more comprehensive partnership with Micro Focus.
Futurum’s Steven Dickens provides his take on an interesting week in the mainframe space. Congressman Matt Cartwright (D-PA-08) looks to get support for the Grace Hopper Code for Us Act in the House to fund higher ed training for IT jobs and addressing the shortage of professionals with a background in older coding languages needed to maintain and modernize critical government IT systems. Micro Focus plays a significant role in that initiative, and Broadcom looks to transform the mainframe landscape through Open Source with The Linux Foundation, Open Mainframe Project. Very interesting times ahead for the mainframe industry.
Futurum’s Steven Dickens analyzes first half 2021 results for Micro Focus and finds encouraging news on the company's strategic focus on three year back end transformation and the forging of encouraging partnerships. Micro Focus is focused on explosive growth areas of the market so should be one to watch as they continue to deliver on operational execution.

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