Open Text Corporation reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the total revenues were USD 467,845,000 against USD 363,507,000 a year ago. Income from operations was USD 110,571,000 against USD 73,931,000 a year ago. Income before income taxes was USD 92,802,000 against USD 70,151,000 a year ago. Net income attributable to the company was USD 74,287,000 against USD 53,500,000 a year ago. Earnings per diluted share were USD 0.60 against USD 0.45 a year ago. Net cash provided by operating activities was USD 109,572,000 against USD 60,875,000 a year ago. Additions of property and equipment were USD 18,026,000 against USD 11,913,000 a year ago. Non-GAAP-based income from operations was USD 153.3 million and 33% of revenues, up 36%. Total revenue shot up largely on a 259% increase from cloud services revenue to USD 151.3 million from USD 42.1 million. Non-GAAP net income attributable to the company was USD 118,782,000 or USD 0.97 per diluted share against USD 94,001,000 or USD 0.79 per diluted share a year ago. Non-GAAP-based income from operations was USD 153,311,000 compared to USD 112,343,000 a year ago.

For the six months, the total revenues were USD 921,632,000 against USD 687,967,000 a year ago. Income from operations was USD 213,597,000 against USD 125,974,000 a year ago. Income before income taxes was USD 174,856,000 against USD 119,735,000 a year ago. Net income attributable to the company was USD 138,913,000 against USD 84,130,000 a year ago. Earnings per diluted share were USD 1.13 against USD 0.71 a year ago. Net cash provided by operating activities was USD 248,103,000 against USD 140,799,000 a year ago. Additions of property and equipment were USD 48,261,000 against USD 20,228,000 a year ago. Non-GAAP net income attributable to the company was USD 237,383,000 or USD 1.93 per diluted share against USD 175,535,000 or USD 1.48 per diluted share a year ago. Non-GAAP-based income from operations was USD 309,045,000 compared to USD 175,535,000 a year ago.