Citrix Systems (CTXS) Tops Q4 EPS by 11c, Approves $500M Buyback

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Citrix Reports Fourth Quarter and Fiscal Year Financial Results

January 25, 2017 4:06 PM EST

Quarterly revenue of $908 million

Quarterly GAAP operating margin of 25 percent; non-GAAP operating margin of 35 percent

Quarterly GAAP diluted EPS of $1.26; non-GAAP diluted EPS of $1.61

Record annual cash flow from operations of $1.12 billion

Board of directors authorizes $500 million increase to share repurchase program

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) today reported financial results for the fourth quarter and fiscal year ended December 31, 2016.

Financial Results

For the fourth... More