Citrix Systems (CTXS) Tops Q1 EPS by 2c; Issues Mixed Outlook

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Citrix Reports First Quarter Financial Results

April 26, 2017 4:05 PM EDT

Quarterly revenue of $663 million

Quarterly GAAP diluted EPS of $0.44; non-GAAP diluted EPS of $0.97 on a continuing operations basis

Deferred revenue of $1.7 billion up 11 percent year-over-year

Repurchased approximately 7 million shares in first quarter

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) today reported financial results for the first quarter of fiscal year 2017 ended March 31, 2017.

Financial Results

For the first quarter of fiscal year 2017, Citrix achieved revenue from continuing operations of $663 million, compared to $659 million... More