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After The Bell

Citrix Systems Inc. (CTXS) Is Losing Ground After Q1 Miss

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Citrix Systems Inc. (CTXS) reported first quarter adjusted EPS of $0.62 after the close Wednesday, which fell short of the consensus estimate of $0.63. The company expects to report second quarter adjusted EPS of $0.62 to $0.63 and between $3.08 and $3.11 for the full year 2013. The consensus estimates are for EPS of $0.70 and $3.14. The stock is now down 4.16 on 173K shares.

Citrix Systems traded in a range for the majority of Wednesday's session and closed down by 0.16 at $67.66. The stock finished at the lower end of a 3-week range.

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