Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Citrix Systems Profit Tops Estimate; Details Strong FY Outlook; Stock Up 8%

RELATED NEWS
Trade CTXS now with 

Citrix Systems Inc. (CTXS: Quote) Wednesday reported fourth-quarter net income of $114 million or $0.60 per share, compared with $109 million or $0.58 per share last year.

Excluding items, adjusted earnings for the quarter were $169 million or $0.90 per share, compared with $147 million or $0.78 per share a year ago.

Revenues for the quarter were higher by 19% at $740 million, compared with $619 million a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.84 per share on revenues of $705.73 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the first quarter, the company expects net earnings of $0.31 to $0.33 per share, adjusted earnings of $0.62 to $0.63 per share, and revenues of $670 million to $680 million.

Analysts currently expect earnings of $0.67 per share on revenues of $670.72 million for the first quarter.

For the full year 2013, the company expects net earnings of $1.91 to $1.95 per share, adjusted earnings of $3.12 to $3.15 per share, and revenues of $2.95 billion to $2.98 billion.

Analysts currently expect earnings of $3.14 per share on revenues of $2.91 billion for the full year 2013.

Citrix Systems Inc. develops technology solutions to deliver IT services on-demand.

Register
To receive FREE breaking news email alerts for Citrix Systems Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%. Here is a quick summary of the earnings reported after the bell on Nov. 24. 1. Amira Nature Foods Ltd (ANFI) reported net income for the second quarter of $8.3 million or $0.29 per share, compared to $5.0 million or $0.18 per share for the year-ago quarter. Excluding items, adjusted earnings...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.