[THIN] Article: Citrix Net up on Strong Americas Sales; Stock Down
- From: "Jim Kenzig http://ThinHelp.com" <jkenzig@xxxxxxxxx>
- To: thin@xxxxxxxxxxxxx
- Date: Mon, 31 Jul 2006 17:31:42 -0700 (PDT)
From last week but may interest a few...
Citrix Net up on Strong Americas Sales; Stock Down
http://www.eweek.com/print_article2/0,1217,a=184030,00.asp
July 21, 2006
By Reuters
SAN FRANCISCO, July 19 (Reuters)?Citrix Systems Inc., which makes software to
access corporate networks, said on Wednesday quarterly profit rose as demand
for its systems grew in the Americas and license revenue increased.
The shares tumbled more than 10 percent in extended trading after the company
estimated third-quarter and full-year earnings in a range whose low end missed
the average forecasts of analysts.
Net income climbed to $46.5 million, or 24 cents per share, from $27.9
million, or 16 cents per share, a year earlier. Net revenue rose 30 percent to
$275.5 million from $211.2 million.
Second-quarter earnings before special items met analysts' average forecast
of 33 cents per share, as compiled by Reuters Estimates. Citrix forecast
third-quarter earnings before items of 33 cents to 34 cents per share, compared
with analysts' forecast of 34 cents per share.
For the full year, Citrix forecast earning per share before items of $1.36 to
$1.39, compared with the analysts' estimate of $1.38.
The company sees third-quarter revenue between $275 million to $280 million.
Analysts are forecasting revenue of $272.2 million.
Citrix shares fell $3.19, or 9.2 percent, to $31.58 in extended trading. They
had declined 0.6 percent on Nasdaq.
Jim Kenzig
Microsoft MVP - Terminal Services
Provision Networks VIP
CEO The Kenzig Group
http://www.kenzig.com
Blog: http://www.techblink.com
Terminal Services Downloads: http://www.thinhelp.com
Windows Vista: http://www.VistaPop.com
Virtualization: http://www.virtualize-it.com
Games: http://www.stressedpuppy.com
Other related posts:
- » [THIN] Article: Citrix Net up on Strong Americas Sales; Stock Down