|Bid||150.10 x 800|
|Ask||150.91 x 900|
|Day's range||149.27 - 151.62|
|52-week range||90.28 - 155.10|
|Beta (5Y monthly)||0.29|
|PE ratio (TTM)||26.34|
|Forward dividend & yield||1.40 (0.93%)|
|Ex-dividend date||04 Jun 2020|
|1y target est||N/A|
Upwork (NASDAQ: UPWK), the leading online talent solution, is teaming with Citrix Systems, Inc. (Nasdaq:CTXS), the global digital workspace leader, to power flexible work. Upwork today announced the launch of the Upwork Talent Solution with Citrix® Workspace™, a unique offering designed to deliver a best-in-class secure remote infrastructure for companies to boost efficiency and productivity as the world increasingly adopts the benefits of remote, on-demand talent.
The traditional office has always been rife with challenges. The COVID-19 pandemic has introduced a new set of issues that businesses must deal with as they look to return employees currently working from home, and Citrix Systems, Inc. (NASDAQ:CTXS) and Hewlett Packard Enterprise (HPE) are partnering to enable companies to bring employees back to the office and empower them to do their best work.
As governments around the world ease their lockdowns, businesses must decide how, when and if to return their employees to offices. And Citrix Systems, Inc. (NASDAQ:CTXS), the global digital workspace leader, is leveraging its decades of experience in delivering flexible work solutions to help organizations of all sizes across industries do it. The company today announced the availability of a new back-to-office solution built on Citrix® Workspace™ that its customers and partners can use to safely transition employees back to offices, enhance their experience and wellbeing and enable them to efficiently adapt to the new world of work.
COVID-19 hit fast and Gloucestershire Hospitals NHS Trust was equally quick to respond. When government mandates forced the Trust to move staff and patient clinics off the main hospital site, it moved quickly to enable 2,000 employees to work from home and continue providing essential services. And with the help of Citrix Systems, Inc. (NASDAQ:CTXS), they were up and running in less than two days.
COVID-19 continues to change the way companies do business in the Middle East. And one of the largest banks in Jordan is using solutions from Citrix Systems, Inc. (NASDAQ: CTXS) to adapt. Jordan Kuwait Bank (JKB) has implemented Citrix® Virtual Apps and Desktops across its 64 branches throughout Jordan and Cyprus, which has allowed it to remain operational and offer financial services to its SME and corporate customers to manage critical imports and continue trading seamlessly while the country is in lockdown.
The coronavirus has challenged IT organizations around the world in ways unimaginable. But new research conducted by Censuswide on behalf of Citrix Systems, Inc. NASDAQ:CTXS), shows they are rising to the occasion, accelerating their digital transformation efforts to accommodate more flexible ways of working they say employees will demand even after the pandemic subsides. Over three-quarters of more than 3,700 IT leaders in seven countries surveyed believe a majority of workers will be reluctant to return to the office as it was. And 62 percent say they are expediting their move to the cloud as a result.
Citrix Systems, Inc. (NASDAQ:CTXS) (the "Company"), today announced that, due to the public health impact of the novel coronavirus (COVID-19) pandemic and in order to support the health and well-being of its shareholders, employees and greater community, the format of the Company’s 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be virtual only. As previously announced, the Annual Meeting will be held at 5:00 p.m., Eastern time, on Wednesday, June 3, 2020. Shareholders will not be able to attend the Annual Meeting in person.
Remote work has become the new normal. And traditional methods of securing corporate networks no longer cut it. The abrupt and significant increase in the number of employees working from home has expanded the attack surface and threats that companies must guard against. And Citrix Systems, Inc. (NASDAQ: CTXS) and global cybersecurity leader Check Point Software Technologies are teaming help them do it. The companies today announced plans to enable easy deployment and management of additional next-generation firewalls within Citrix SD-WAN to provide companies with extra layers of security to protect their assets at branches and beyond.
As the US economy prepares to re-open, businesses are readying plans to return employees to the office. But as the results of a new survey conducted by OnePoll on behalf of Citrix Systems, Inc. (NASDAQ:CTXS) reveal, a majority of office workers currently working from home due to the coronavirus are reluctant to do so. Despite the relaxing of shelter-in-place orders and increase in safety measures, 64 percent of 2,000 US workers polled say they would not feel comfortable returning to the office for one month or more.
As IT manager for William Fry, a top-tier corporate law firm, Oisin Concannon is obsessed with security. "Our data is our client's data. We have to treat it with the utmost care," he says. Yet Concannon and his team must also answer calls from the firm’s increasingly mobile employees to access this data when and where they need it to deliver the superior service its clients around the world have come to expect. It’s a dilemma all IT organizations face. And one that William Fry is solving using digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS).
Providing employees with access to their desktops from remote locations used to be a nice thing to do. Today, it’s a requirement to keep employees productive and businesses operating during the COVID-19 crisis. Faced with shelter in place and work from home mandates, many organizations rushed to arm employees with Virtual Private Network solutions (VPN) that allow them to connect to corporate systems. But such offerings have their limitations. A recent Citrix-OnePoll survey of more than 2,000 US employees who work remote found that VPN-based remote work approaches resulted in "slow performance" and "lack of access to all the apps needed to get work done." And further research has uncovered security and privacy concerns.
There’s a lot of digital noise in the workplace today that makes it hard to focus and get things done. KEMET Electronics Corporation is on a mission to quiet things so that its employees can focus and do their best work. And it is leaning on Citrix Systems, Inc. (NASDAQ:CTXS) to achieve it, leveraging the intelligent capabilities within Citrix Workspace to remove the complexity from work and create a highly personalized experience that enables employees to be their most productive.
Citrix Systems, Inc. (NASDAQ:CTXS) today announced that Citrix Application Delivery Controller (ADC) MPX 14000-FIPS 11.1 Platinum Edition has been certified as an approved product by the Department of Defense Information Network (DoDIN).
When remote work moved from something a few people did on occasion to a mandate for nearly all employees, companies around the world scrambled to scale up their resources and enable it. Many fell short, leaving employees to use personal devices to access the systems and information they need to do their jobs. And that’s created a gaping security hole. To help plug it, Citrix Systems, Inc. (NASDAQ:CTXS), has launched App Protection, which enables companies to protect apps and data on unmanaged endpoints and ensure their corporate systems and information remain safe.
It’s being touted as the "new normal." But for most companies and their employees, remote work is anything but. To help them adapt, Citrix Systems (NASDAQ: CTXS), has launched Remote Works, a new virtual series designed to share tips and best practices for staying engaged and productive while working from home.
These are anxious times – particularly for families struggling with housing, money, parenting, work and health-related issues. And the services that Positive Steps provides to support them across Greater Manchester, United Kingdom are critical. When COVID-19 struck and remote work became a mandate, the non-profit organization had to figure out a way to continue operating without missing a beat. And it found one in Citrix Systems, Inc. (NASDAQ:CTXS). Leveraging the company’s digital workspace solutions, Positive Steps was able to quickly provide access to all of the tools and applications its employees need to work from home and deliver the usual support the organization is known for in a highly unusual environment.
Citrix Systems, Inc. (NASDAQ: CTXS) today reported financial results for the first quarter ended March 31, 2020 by posting an earnings letter on its Investor Relations website at http://www.citrix.com/investors. Citrix will host a conference call today at 8:15 a.m. ET to address questions.
When the San Francisco 49ers arrive at the NFL’s first-ever virtual draft this weekend, they will be ready. While many organizations continue to search for ways in which they can keep their operations and employees productive and engaged in the face of work from home and shelter in place mandates, the San Francisco 49ers have already found one. With the help of its innovation partner, Citrix Systems, Inc. (NASDAQ:CTXS), the 49ers have quickly enabled remote work capabilities across their physically separated team and is leveraging digital workspace solutions to keep them connected and collaborative.
Citrix Systems, Inc. (NASDAQ:CTXS) announced today that Jesse Cohn will be stepping down from the board and will therefore not be nominated for re-election to the Citrix board of directors at the company’s next Annual Meeting of Shareholders on June 3, 2020.
In the blink of an eye, remote work went from an experiment to a requirement. And as the results of a recent survey conducted by OnePoll on behalf of Citrix Systems, Inc. (NASDAQ: CTXS) reveal, work has a completely new look as employees around the world adapt to the realities or working from home. Beds have become desks, bathrooms serve as conference rooms, kids and pets crash virtual meetings and cameras thought to be off capture awkward moments and sounds. Yet, workers remain as, if not more, productive and engaged.
As COVID-19 continues to spread around the globe, business is anything but usual, particularly in Italy where coronavirus is taking a catastrophic toll. With the majority of the country in lock down, business has essentially shut down. Yet there is still a need to provide critical data to support the decisions of policy makers as they work to manage the crisis and eventually open things back up. The Italian National Institute of Statistics (ISTAT) provides much of this data. And leveraging remote work solutions from Citrix Systems, Inc. (NASDAQ: CTXS), it has been able to continue doing so while keeping its employees, and the country, safe.
Citrix Systems, Inc. (NASDAQ:CTXS), today announced that it plans to report financial results for the first quarter ended March 31, 2020 on Thursday, April 23, 2020 before market open. At approximately 7:05 a.m. ET the first quarter 2020 earnings letter discussing financial results, quarterly highlights, and business outlook will be posted at http://www.citrix.com/investors. A conference call will begin at 8:15 a.m. ET to address questions. The call will be accessible via webcast by visiting the Investor Relations section of the Citrix corporate website at http://www.citrix.com/investors.
When COVID-19 made its way to the United States and remote work became a mandate, many companies were caught off guard. But Penn National Insurance was prepared. Last year, with the help of Citrix® Ready™ partner Goliath Technologies, the company launched an aggressive plan to virtualize its operations, leveraging digital workspace solutions from Citrix Systems, Inc. (NASDAQ: CTXS) to empower its employees to work from anywhere at any time using any device. When the pandemic hit, the company was quickly able to extend its remote work capabilities and ensure that its employees remain safe, connected and able to serve customers in these most challenging times.
Business today is anything but usual. The COVID-19 pandemic has forced companies around the world to rethink their operations and in many cases, embrace totally new models for work. And Citrix Systems, Inc. (NASDAQ:CTXS) is committed to providing them with the resources they need to do it. In a newly released webinar, the company offers tips and best practices designed to help IT organizations create effective digital workspaces that provide access to the tools and information employees need to work safely and securely in the face of unforeseen circumstances and keep their companies running.