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Needham & Company Reiterates Buy Following Citrix Systems' (CTXS) 3Q Report

Go back to Needham & Company Reiterates Buy Following Citrix Systems' (CTXS) 3Q Report

Citrix Reports Third Quarter Financial Results

October 19, 2016 4:05 PM EDT

Quarterly revenue of $841 million up 3 percent year over year

Quarterly GAAP operating margin of 18 percent; non-GAAP operating margin of 30 percent

Quarterly GAAP diluted EPS of $0.84; non-GAAP diluted EPS of $1.32

Quarterly cash flow from operations of $288 million, up 11 percent year-over-year

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) today reported financial results for the third quarter of fiscal year 2016 ended September 30, 2016.

Financial Results

For the third quarter of fiscal year 2016, Citrix achieved revenue of $841 million,... More