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Citrix Systems Inc. (CTXS) Is Climbing On Strong Q4 Results

Citrix Systems Inc. (CTXS: Quote) reported fourth quarter adjusted EPS of $0.90 after the bell Wednesday, compared to $0.78 in the previous year. The consensus estimate was for EPS of $0.84. The company expects to report first quarter adjusted EPS of $0.62 to $0.63 and between $3.12 and $3.15 for the full year 2013. The consensus estimates are for EPS of $0.67 and $3.14. The stock is now up 6.04 on 238K shares.

Citrix Systems declined until mid-morning Wednesday and finished down by 1.75 at $66.98 on above average volume. The stock closed testing the lower end of a 1-month range.

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by RTT Staff Writer

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