Stifel Downgrades Citrix Systems (CTXS) to Hold

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Go back to Stifel Downgrades Citrix Systems (CTXS) to Hold

Citrix Reports Second Quarter Financial Results

July 26, 2016 4:05 PM EDT

Quarterly revenue of $843 million up 6 percent year over year

Quarterly GAAP operating margin of 18 percent; non-GAAP operating margin of 28 percent

Quarterly GAAP diluted EPS of $0.77; non-GAAP diluted EPS of $1.20

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

Financial Results

For the second quarter of fiscal year 2016, Citrix achieved revenue of $843 million, compared to $797 million in the second quarter of fiscal year 2015, representing 6 percent revenue growth.... More