Citrix Systems (CTXS) Tops Q2 EPS by 18c; Issues Solid Outlook, to Explore Options for GoTo

Citrix Systems (NASDAQ: CTXS) reported Q2 EPS of $1.00, $0.18 better than the analyst estimate of $0.82. Revenue for the quarter came in at $797 million versus the consensus estimate of $790.37 million.

• Forms Operations Committee to support operational review
• Commences exploration of strategic alternatives for GoTo family of products

Citrix Systems sees Q3 2015 EPS of $0.83-$0.85, versus the consensus of $0.89. Citrix Systems sees Q3 2015 revenue of $780-790 million, versus the consensus of $790.9 million.

Citrix Systems sees FY2015 EPS of $3.65-$3.75, versus the consensus of $3.56. Citrix Systems sees FY2015 revenue of $3.22-3.25 billion, versus the consensus of $3.23 billion.

“We are starting to see the benefits of the restructuring actions we took at the start of 2015 in terms of margin expansion,” said Mark Templeton, president and chief executive officer for Citrix. “Through the additional actions we are announcing today, we're taking steps to ensure that we are focusing all of our energy on our core secure app delivery offerings and setting the company up for even better execution, greater efficiency and profitable growth.”

For earnings history and earnings-related data on Citrix Systems (CTXS) click here.

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