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Citrix Systems (NASDAQ: CTXS): Q4 2019 Earnings Snapshot

— Digital workspace platform Citrix Systems (NASDAQ: CTXS) reported adjusted earnings of $1.71 per share for the fourth quarter of 2019, vs. $1.68 per share expected.

Net income was $207.1 million or $1.56 per share, compared to $165.7 million or $1.15 per share in the fourth quarter of 2018

— Revenues increased to $810 million from $802 million last year, vs. $802.03 million expected

—…

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#Business News #Citrix Systems #CTXS #Earnings #Technology Sector

Citrix Systems Q1 earnings drop 24% but beats estimates

Citrix Systems (NASDAQ: CTXS) reported a 24% drop in earnings for the first quarter of 2019 due to higher costs and expenses as well as an increase in income tax expense. Despite the results exceeding analysts’ expectations, the company guided second-quarter earnings below consensus estimates.

Net income dropped by 24% to $110 million and earnings plunged by 21% to $0.78 per share. Adjusted…

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#Citrix Systems #CTXS #Earnings #Nasdaq