Motion Design Text Extrusion broken?

I’ve been tinkering with Motion Design in 5.4 and have been really wanting to replicate this example straight from Epic themselves. (https://youtu.be/nF4Xf7t0Hgg?feature=shared&t=687)

Unfortunately, it seems the Boolean modifier paired with the Text Actor does not work properly (see image below). Am I missing something or is it actually broken at the moment pending a hotfix?

Hi Hidrem - did you get a solution for this ? Would be interested

Nothing yet and haven’t seen much online on this subject. Almost like no one is using the feature!

Hi,
i had some similar issues and realized that it makes a difference if you use 2D shapes with extrusion or 3D shapes when using boolean operations. For me only 2d shapes like rectangles with an extrusion work with text actor boolean operation like i expected