Is it just me or does the bid on Wrike seem too much for the revenue value it is expected to reach? It seems they are paying the equivalent of 8 to 10 years of revenue up front.
h
Not seeing any news. Not a big short ratio, but are we seeing a mini-squeeze?
So if $TEUM is not legit, this news is fake, made up? Again it is $CTXS, a legit Corp.
Pareteum and Citrix Agree Mobile Workforce Global Cloud Strategy Deployment NEW YORK, NY – Mar. 20, 2019 – Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced a new sales transaction with Citrix Systems, Inc. (NASDAQ:$CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum’s iPass SmartConnectTM solution, which has been fully integrated with Citrix’s existing single sign-on solution to provide users with an enhanced security experience. A phased rollout is currently underway.
Using the Pareteum solution on corporate-issued and BYOD devices, Citrix’s mobile employees will be able to seamlessly and securely connect to millions of Wi-Fi hotspots globally, automatically transitioning back to cellular when Wi-Fi is not available. By integrating the Pareteum offering with its existing single sign-on solution (Okta), Citrix will be able to manage access controls such that employees will only need to securely sign in once to get connected to Wi-Fi across the globe.
Shawn Genoway, Sr. Director, IT, Citrix, commented, “Our move to a cloud-based deployment of Pareteum’s iPass SmartConnect aligns perfectly with our overall cloud strategy. With a growing mobile workforce, we needed a way to keep our remote workers cost-effectively connected, while ensuring our data is secure at all times. We now have a solution that allows mobile workers to stay securely connected and productive, wherever they are trying to get online.”
I
this stock needs to jump already cmon 150-160..
J
Why Citrix stock hasn't rebounded yet? A large number of companies will keep employees working from home for several months. I'm keeping my shares unless I am missing something.
W
Earnings Thursday. I believe another beat is in store for CTXS. Here we have an undervalued cloud stock.
B
This stock is a beast. It was a blood bath out there thanks to the media. I placed call options for this baby to recover to $155. Good time to flip some cash. I’d pick up some shares too, if you have the opportunity. Keep in mind this just slid down $20 a share.
s
Citrix powers a trend that will grow far beyond today's crisis. At home or remote workplaces are a win-win situation. Look for more upgrades- $160 will be easy.
T
I have noticed that no one is talking about Citrix for days. What are the latest thoughts? I have been waiting for a rebound.
this stock will sell off for 3 days. wait until third day before buying
K
I might be off, but if the revenue and EPS are above expectations, why is this down by 8%?.. What'd I miss?
B
Just bought in. I can’t even fathom why this is still $20+ down with great earning. Are people asleep?
s
This and $VMW are the only two cloud stocks worth it to buy and reasonably priced IMO (aside from Google and MSFT), everything else is just massive hype and way over-extended.
J
I'm counting on a rebound in CTXS. Citrix is a great tool especially now when a lot of people are working remotely.
Pareteum and Citrix Agree Mobile Workforce Global Cloud Strategy Deployment
NEW YORK, NY – Mar. 20, 2019 – Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced a new sales transaction with Citrix Systems, Inc. (NASDAQ:$CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum’s iPass SmartConnectTM solution, which has been fully integrated with Citrix’s existing single sign-on solution to provide users with an enhanced security experience. A phased rollout is currently underway.
Using the Pareteum solution on corporate-issued and BYOD devices, Citrix’s mobile employees will be able to seamlessly and securely connect to millions of Wi-Fi hotspots globally, automatically transitioning back to cellular when Wi-Fi is not available. By integrating the Pareteum offering with its existing single sign-on solution (Okta), Citrix will be able to manage access controls such that employees will only need to securely sign in once to get connected to Wi-Fi across the globe.
Shawn Genoway, Sr. Director, IT, Citrix, commented, “Our move to a cloud-based deployment of Pareteum’s iPass SmartConnect aligns perfectly with our overall cloud strategy. With a growing mobile workforce, we needed a way to keep our remote workers cost-effectively connected, while ensuring our data is secure at all times. We now have a solution that allows mobile workers to stay securely connected and productive, wherever they are trying to get online.”
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