Business
Citrix shrugs over Microsoft squeeze
Citrix Systems delivered another strong quarter, but the company continues to be dogged by rumors surrounding Microsoft and whether it will decide to take Citrix's turf.Citrix makes software that allows corporations to port Windows and other operating systems to "thin clients" over a network.
Citrix Systems delivered another strong quarter, but the company continues to be dogged by rumors surrounding Microsoft and whether it will decide to take Citrix's turf.
Citrix makes software that allows corporations to port Windows and other operating systems to "thin clients" over a network. Citrix's software essentially builds on top of Microsoft's Window Terminal Services (WTS) product, a part of Windows 2000.
The company's third-quarter results and outlook showed that it continues to do well despite an economic downturn. Citrix reported third-quarter earnings of $27.8 million, or 14 cents a share, on revenue of $153.2 million, up 35 percent from a year ago. --Larry Dignan, Special to ZDNet News