The virtualization giant managed earnings of $1.10 cents per share on revenues of $851 million, up 6 percent on the year-ago quarter.
Wall Street was expecting $1.03 cents per share on revenue of $844 million.
For the fiscal year of 2014, Citrix reported annual revenues of $3.14 billion, in line with Wall Street estimates.
Breaking things down by division:
Despite the good results, the company said it will let go 700 employees (and 200 contractors), which aims to claw back up to $100 million in pre-tax savings. It will take up to $55 million in charges as part of the program.
Chief executive Mark Templeton said in prepared remarks said that he was "proud" of the company's full-year performance, but said he was "not satisfied."
In explaining the restructuring, he said: "We are looking ahead to 2015 with a focus on innovation that delivers a better experience, more flexibility and greater security to our customers, and a more focused organizational footprint that enables profitable growth."
For its fiscal first quarter outlook, the company said it expects revenue to fall between $780 million to $790 million, shy of Wall Street estimates of $796.7 million.
During the first quarter, Citrix will also take a charge of $30 million to $35 million related to employee severance arrangements, along with a separate charge of $3 million to $5 million relating to its restructuring plan.
Citrix ($CTXS) closed the day down 1.5 percent.