Wednesday, July 27, 2011

Citrix Systems Inc. (NASDAQ: CTXS): Q2 2011 Earnings Roundup

Citrix Systems Inc. (NASDAQ: CTXS) late Wednesday announced that its fiscal second-quarter profit surged to $82 million, or 43 cents a share, from $48 million, or 25 cents a share, in the year-earlier quarter. On an adjuste basis, the company 57 cents a share in the latest quarter. Revenue rose to $531 million from $458 million. Analysts, on average, expected the company to report earnings of 55 cents a share on revenue of $522.8 million. 

"I'm pleased with the financial and strategic results for the quarter," said Mark Templeton, president and chief executive officer for Citrix. "Demand for our virtualization, networking and cloud solutions continues to be strong across the board, and the excitement I hear from customers has never been higher."

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