Citrix Systems, Inc.
851 West Cypress Creek Road
Fort Lauderdale, FL 33309
United States - Map
Phone: 954-267-3000
Fax: 954-267-9319
Web Site: Citrix Systems - Virtualization, Networking and Cloud. Simplified.

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Nasdaq 100
Sector: Technology
Industry: Internet Software & Services
Full Time Employees: 5,040


BUSINESS SUMMARY
Citrix Systems, Inc. designs, develops, and markets application delivery infrastructure solutions worldwide. Its products include XenApp that runs the business logic of applications on a central server, transmitting screen pixels, keystrokes, and mouse movements; XenServer, an enterprise-class platform for managing server virtualization in the datacenter as a pool of computing and storage resources; and Essentials for XenServer and Hyper-V, which provides virtualization management systems, lab automation, high availability, provisioning, workflow orchestration, and seamless integration. The company’s products also comprise XenDesktop, an integrated desktop delivery system; NetScaler, a Web application delivery and traffic management product; Access Gateway, a line of universal SSL/VPN appliances; and Repeater that provides high-performance application delivery to branch office users. In addition, Citrix Systems’ products consist of EdgeSight, Password Manager, Provisioning Server, Application Firewall, Easy Call, and Access Essentials. Citrix Systems also offers online services, including GoToMyPC, which provides remote access to Windows PC desktops; GoToMeeting, an online solution for online meetings, training sessions, and collaborative gatherings; GoToAssist that enables organizations to provide support over the Internet; and GoToWebinar, a solution to conduct online events. In addition, it provides a portfolio of services, such as consulting, technical support, and product training and certification services. The company markets and licenses its products through value-added resellers, channel distributors, system integrators, independent software vendors, and original equipment manufacturers, as well as through Websites. Citrix Systems was founded in 1989 and is headquartered in Fort Lauderdale, Florida.
CTXS: Profile for Citrix Systems, Inc. - Yahoo! Finance

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Citrix 3Q profit rises on higher online revenue

FORT LAUDERDALE, Fla. (AP) -- Citrix Systems Inc., which provides software and equipment for streamlining computer systems, said Wednesday its third-quarter profit rose 9 percent with increased revenue from license updates and online services.

Related Quotes
Symbol Price Change
CTXS 41.36 -0.25

Net income of $53.4 million, or 29 cents per share, was up from $49.1 million, or 26 cents per share, in the same quarter last year.

The Fort Lauderdale company said adjusted income for the third quarters of 2009 and last year excluded amortization of intangible assets related primarily to business combinations, stock-based compensation expenses and related tax effects. Net income for both quarters was $80 million, or 43 cents per share.

Analysts surveyed by Thomson Reuters expected earnings of 41 cents per share. Analysts typically exclude one-time charges.

Revenue for the quarter ended Sept. 30 was $401 million, up a half-percent from $398.9 million in the year-ago quarter.

Citrix said it expects revenue for the fourth quarter ending Dec. 31 to rise 3 percent to 4 percent over last year's fourth quarter. Revenue would be between $428.2 million and $432.3 million.

Analysts expect fourth-quarter revenue to be $430.5 million, according to Thomson Reuters.

Citrix was not specific in its guidance for the full year, saying it expects net revenue to increase modestly over 2008 when it posted revenue of $1.6 billion.

In July, the company said it expected revenue to be flat over 2008.

Shares in Citrix fell $1.79, or 4.3 percent, to $39.57 in after-hours trading. The stock fell 25 cents, to $41.36 in the regular session.

Citrix 3Q profit rises on higher online revenue - Yahoo! Finance

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