Wednesday was a big day for Silicon Valley on Wall Street, with a slew of tech giants reporting quarterly results after the bell. Let's take a closer look at some of the enterprise players.
Citrix reported a net income of $48 million, or 29 cents per share (statement).
Non-GAAP earnings were 75 cents per share on a revenue of $759 million, up six percent from $713 million the same time the year prior.
Wall Street was expecting 73 cents per share on revenue of $771.79 million.
Citrix CEO Mark Templeton admitted in prepared remarks that results were "mixed," but stressed that the software company "executed well in many important areas including product releases, go-to market investments and partnership initiatives, all while maintaining focus on operational refinements and profitability."
Revenue for Software-as-a-Service and from license maintenance both increase by 12 and nine percent respectively. But product and license revenue dropped by four percent.
For the current quarter, Wall Street expects $1.05 per share with revenue of $878.87 million.
Citrix provided guidance for the full fiscal year, aiming for a revenue range of $3.13 billion to $3.14 billion with non-GAAP earnings between $3.22 and $3.25 a pop.
Marketo reported a Q3 net loss of $12.8 million, or 31 cents per share (statement).
On a non-GAAP basis, the loss rang up to 14 cents per share, but revenue climbed 54 percent year-over-year to $39.3 million.
Wall Street was bracing for a loss of a quarter per share on revenue of $37.45 million.
With 3,499 customers by the end of the quarter, Marketo Chairman and CEO Phil Fernandez promised more growth by 2015, citing in the report "the addition of key sales leadership and the introduction of our Engagement Marketing Platform."
For the current quarter, Wall Street expects that loss to grow at 30 cents a share with revenue of $39.38 million.
Marketo raised the bar with a revenue guidance range $40.3 to $40.8 million, hoping the loss will only result between 24 and 26 cents per share.
For the full year, Marketo upped its revenue guidance to fall between $147.9 to $148.4 million with a non-GAAP loss falling between 74 and 76 cents per share.
Polycom reported a net income of $17 million, or 12 cents per share (statement).
Non-GAAP earnings were 22 cents per share on a revenue of $336 million. Wall Street was expecting 20 cents per share on revenue of $334.87 million.
For the current quarter, Wall Street expects 22 cents per share with revenue of $349.12 million.
ServiceNow reported a net loss of $41.1 million, or 28 cents per share (statement).
Non-GAAP earnings were four cents per share on a revenue of $178.7 million, up 61 percent compared to the third quarter of 2013, or seven percent sequentially.
Wall Street was expecting a penny per share on revenue of $174.44 million.
The IT Platform-as-a-Service provider added 150 new customers during the third quarter, bringing the total count to 2,514. Customer renewal rate remained steady at 98 percent.
In the Q3 report, CFO Michael Scarpelli noted that ServiceNow scored "a record 11 deals greater than $1 million in annual contract value" during the three-month period, making it the company's first quarter with billings greater than $200 million.
For the current quarter, Wall Street expects four cents per share with revenue of $191.38 million.
ServiceNow answered with a fourth quarter revenue guidance range of $192 and $194 million, and $677 to $679 million for the full year.
CA Technologies reported a fiscal second quarter net income of $256 million, or 53 cents per share (statement).
Non-GAAP earnings were 65 cents per share on a revenue of $1.079 billion, down from $1.105 billion during the same quarter last year.
Wall Street was expecting 62 cents per share on revenue of $1.09 billion.
The IT management software maker attributed the revenue decline to "a result of a decrease in subscription and maintenance revenue, which was largely due to a decrease in Mainframe Solutions revenue and, to a lesser extent, a decrease in professional services revenue."
CA Technologies CEO Mike Gregoire elaborated on the market in the report, remarking, "The Application Economy is transforming business, creating new opportunity and enormous complexity for our customers."
Gregoire also wrote:
We are starting to see traction in the market as a result of our efforts. Enterprise Solutions new sales were up for the second consecutive quarter. We continued to see solid performance in connection with renewals and we maintained financial discipline across the business. Although we are pleased with this progress, we remain focused on the work needed to drive sustained revenue growth.
For the current quarter, Wall Street expects 64 cents per share with revenue of $1.12 billion.
CA Technologies updated its full fiscal year outlook instead, expecting total revenue to drop by one to two percent, resulting in a revenue range of $4.27 billion to $4.33 billion.
Non-GAAP earnings per share for the full year are also projected to decrease in a range of minus 20 percent to minus 18 percent, compared to a previous forecast of minus 21 to minus 19 percent.