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Citrix enjoys strong third quarter

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
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Written by Larry Dignan on

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. 


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