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Citrix Systems Inc Q2 adjusted earnings Miss Estimates

Citrix Systems Inc (CTXS) announced a profit for second quarter that declined from the same period last year.

The company's profit totaled $93.50 million, or $0.70 per share. This compares with $106.83 million, or $0.73 per share, in last year's second quarter.

Excluding items, Citrix Systems Inc reported adjusted earnings of $161.75 million or $1.21 per share for the period.

Analysts had expected the company to earn $1.34 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.9% to $748.70 million from $742.37 million last year.

Citrix Systems Inc earnings at a glance:

-Earnings (Q2): $161.75 Mln. vs. $178.27 Mln. last year.
-EPS (Q2): $1.21 vs. $1.28 last year.
-Analysts Estimate: $1.34
-Revenue (Q2): $748.70 Mln vs. $742.37 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.15 to $1.30
Next quarter revenue guidance: $700 - $720 Mln
Full year EPS guidance: $5.35 to $5.60
Full year revenue guidance: $2.97 - $3.01 Bln

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