Market Overview

Citrix Systems: Q2 Earnings Insights

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Shares of Citrix Systems (NASDAQ:CTXS) rose 1.6% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 26.45% year over year to $1.53, which beat the estimate of $1.23.

Revenue of $798,929,000 rose by 6.71% year over year, which beat the estimate of $768,820,000.

Outlook

The upcoming fiscal year's EPS expected to be between $5.65 and $5.85.

Q3 revenue expected between $3,180,000,000 and $3,210,000,000.

Conference Call Details

Date: Jul 23, 2020

Time: 08:15 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/9qqy6ua7

Technicals

52-week high: $173.56

52-week low: $90.28

Price action over last quarter: Up 17.43%

Company Profile

Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.

 

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Posted-In: Earnings News