Citrix Systems (CTXS) Tops Q1 EPS by 56c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

Citrix Systems (NASDAQ: CTXS) reported Q1 EPS of $1.73, $0.56 better than the analyst estimate of $1.17. Revenue for the quarter came in at $861 million versus the consensus estimate of $733.57 million.

Link to 1Q Earnings Letter

GUIDANCE:

Citrix Systems sees Q2 2020 EPS of $1.18-$1.23, versus the consensus of $1.19. Citrix Systems sees Q2 2020 revenue of $760-770 million, versus the consensus of $762.84 million.

Citrix Systems sees FY2020 EPS of $5.40-$5.60, versus the consensus of $5.38. Citrix Systems sees FY2020 revenue of $3.1-3.16 billion, versus the consensus of $3.09 billion.

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

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