Citrix Systems Inc Announces 73% Gain In Q1 Earnings

(RTTNews) - Citrix Systems Inc (CTXS) reported a profit for its first quarter that gained ground from last year.

The company said its bottom line rose to $183.52 million, or $1.18 per share. This was higher than $105.88 million, or $0.65 per share, in last year's first quarter.

Analysts had expected the company to earn $0.92 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.5% to $825.68 million. This was up from $760.80 million last year.

Citrix Systems Inc earnings at a glance:

-Earnings (Q1): $183.52 Mln. vs. $105.88 Mln. last year. -Earnings Growth (Y-o-Y): 73.3% -EPS (Q1): $1.18 vs. $0.65 last year. -EPS Growth (Y-o-Y): 81.5% -Analysts Estimate: $0.92 -Revenue (Q1): $825.68 Mln vs. $760.80 Mln last year. -Revenue Change (Y-o-Y): 8.5%

-Guidance: Full year EPS guidance: $4.90 - $5.00 Full year revenue guidance: $3.34 - $3.36 Bln