|Bid||86.82 x 700|
|Ask||86.89 x 100|
|Day's range||86.33 - 87.05|
|52-week range||67.24 - 87.99|
|PE ratio (TTM)||29.30|
|Earnings date||23 Jan 2018 - 29 Jan 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||86.67|
Citrix Systems, Inc. today announced the pricing of a $750 million underwritten public offering of its 4.500% Senior Notes due 2027 , to fund the repurchase of $750 million of its common stock through an accelerated share repurchase transaction, which Citrix has entered into with Citibank, N.A.
Citrix Systems, Inc. today announced that its board of directors has authorized the company to repurchase up to an additional $1.7 billion of Citrix common stock, for a total repurchase authorization in excess of $2 billion.
Higher Software-as-a-Service (SaaS) revenues, partially offset by lower Product and Licenses revenues, drive Citrix's (CTXS) Q3 results. Gross and operating margins grew year over year.
Shares of enterprise software maker Citrix Systems (CTXS) are down down $2.47, or 3%, at $79.96, after the company this afternoon missed slightly with its revenue number, even though it beat on the bottom line, raised its full-year revenue projection above consensus, and projected revenue growth in 2018 below consensus. This won’t help the company in refuting Morgan Stanley’s claim it is “secularly challenged." CEO David Henshall said the company was “pleased with our execution this quarter and our renewed discipline in managing our business." Henshall said Citrix is "driving business transformation across Citrix,” so as to “align” with “our customers’ desire to support multi-cloud and hybrid-cloud environments." Revenue in the three months ended in September rose 3%, year over year, to $691 million, yielding EPS of $1.22 per share, excluding some costs.
The Fort Lauderdale, Florida-based company said it had net income of 82 cents per share. Earnings, adjusted for one-time gains and costs, were $1.22 per share. The results topped Wall Street expectations. ...
Enteprise software vendor Citrix Systems (CTXS) is set to report earnings this afternoon, after the closing bell, and Morgan Stanley today mentioned that its analyst Keith Weiss has included the company in the firm's list of 37 “secularly challenged” stocks. As Morgan Stanley’s analysts’ put it, stock-specific risk is on the rise. At the same time, our US Quant Strategy team’s work shows that stock-specific risk is increasing (see “Quantitative Equity Research: The Great Compression”, Sept. 28, 2017).
KeyBanc Capital Markets We have three companies reporting third-quarter earnings next week in the security and infrastructure software space: Citrix Systems; Fortinet; and ServiceNow. We remain cautious ...
Though the overall tech sector is poised to shine in Q3, this does not ensure earnings beat for all companies in the space. Let's see what's in store for these tech stocks this earnings season.
With Citrix Systems (CTXS) making significant investments to expand its product portfolio, costs are likely to shoot up. SaaS revenues, however, are expected to be strong in the quarter.
Dueling lawsuits between Citrix and startup Egnyte over seven employees could have far-reaching implications for how non-competition agreements are enforced when workers jump from one tech company to another.
Citrix Systems, Inc. , today announced that it plans to report financial results for the first quarter ended September 30, 2017 on Wednesday, October 25, 2017 after market close.
With the third-quarter earnings season right around the corner, Barclays' Raimo Lenschow and Saket Kalia check in with software, writing that they expect healthy spending trends to continue. Of course, that spending has helped the group climb already this year, up an average of 28% since the start of 2017, roughly double the S&P 500's gain, and valuations have moved up as well.
Red Hat was trading at a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple of ~21.78x on September 29, 2017.
Citrix Systems (CTXS) aims to revive through a restructuring program. Apart from doing away with some full-time positions, the program includes consolidation of facilities.
Citrix Systems Inc. late Wednesday announced a reorganization, including layoffs and what the company termed "facilities consolidation." Citrix said it expects $60 million to $100 million in ...
Kirill Tatarinov's journey included several stints at other firms, and a wake-up call about what it really takes to drive a company's success.
According to a recent survey by the Ponemon Institute and Citrix, there are two major IT security risks that enterprises need to prepare for – Millennials and the impending General Data Protection Regulations (GDPR). The global study of more than 4,000 IT, security, and business professionals found that Millennials bring a growing number of mobile apps, devices and new methods of information sharing and collaboration that pose new security risks for businesses. The study also found that most enterprises are skeptical of their ability to meet the stringent security and compliance requirements of the proposed GDPR.
U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week. The S&P 500 traded in its tightest ...
March 2, 2017 at Fira Gran Via, Hall 5, Stand 5D31 in Barcelona, Spain exhibiting technology innovations for enterprises, service providers and mobile operators. Citrix will showcase its vision for the future of work and the ways businesses can transform their approach by embracing the cloud, mobility, IoT and new networking technologies while enhancing security. Today’s News: Citrix is innovating to help all customers ranging from enterprises to mobile operators.