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Recap: Citrix Systems Q4 Earnings


Benzinga | Jan 19, 2021 07:38AM EST

Recap: Citrix Systems Q4 Earnings



Shares of Citrix Systems (NASDAQ:CTXS) remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share were down 14.62% year over year to $1.46, which beat the estimate of $1.33.

Revenue of $809,656,000 decreased by 0.02% from the same period last year, which beat the estimate of $781,340,000.

Guidance

Q1 EPS expected between $1.40 and $1.45.

Q1 revenue expected between $785,000,000 and $795,000,000.

Recent Stock Performance

Company's 52-week high was at $173.56

52-week low: $100.31

Price action over last quarter: Up 7.57%

Company Overview

Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.






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