Citrix enjoys strong third quarter

Citrix enjoys strong third quarter

Summary: The virtualisation specialist has exceeded analyst expectations with its third-quarter results, as customers tended towards buying its hardware and software products as a bundle

SHARE:
TOPICS: Tech Industry
0

Citrix has reported strong third-quarter results and increased its outlook for the year, projecting growth via a bevy of product announcements.

On Thursday, the company reported earnings of $92m (£57m) or 49 cents a share, on revenue of $565m, up 20 percent from a year ago. Non-GAAP earnings were 64 cents a share. Wall Street analysts were expecting non-GAAP earnings of 58 cents a share on revenue of $544.8m.

On a conference call with analysts, Citrix chief financial officer David Henshall said that customers are increasingly buying XenDesktop for desktop virtualisation as well as back-end technology such as NetScaler. "We have some of the largest deals coming out of NetScaler as well as XenDesktop, and a surprising number of combined transactions — those customers that are buying both a hardware and a software solution as well as customers are looking at both XenDesktop and XenApp standalone products as a component," Henshall said.

For more on this ZDNet UK-selected story, see Citrix rides product cycle, large deals to strong Q3, ups outlook on ZDNet.com. 


Get the latest technology news and analysis, blogs and reviews delivered directly to your inbox with ZDNet UK's newsletters.

Topic: Tech Industry

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion