Citrix Reports Third Quarter Financial Results

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

October 20, 2016 6:58 AM EDT

Needham & Company reiterated a Buy rating and $96.00 price target on Citrix Systems (NASDAQ: CTXS) following the company's 3Q earnings report. CTXS reported revenues of $841m and $1.32 EPS, well above consensus' $827m and $1.19 EPS.

Analyst Scott Zeller commented, "The Citrix SeptQ results were... More

Citrix Systems (CTXS) Tops Q3 EPS by 13c, Updates FY Guidance

October 19, 2016 4:07 PM EDT

Citrix Systems (NASDAQ: CTXS) reported Q3 EPS of $1.32, $0.13 better than the analyst estimate of $1.19. Revenue for the quarter came in at $841.3 million versus the consensus estimate of $827.21 million.

GUIDANCE:

Citrix Systems sees FY2016 EPS of $5.18-$5.20, versus the consensus of... More