William Blair Downgrades Citrix Systems (CTXS) to Market Perform

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Go back to William Blair Downgrades Citrix Systems (CTXS) to Market Perform

Citrix Announces Preliminary Results for First Quarter of 2015

April 9, 2015 4:05 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Citrix Systems, Inc. (NASDAQ: CTXS) today announced preliminary results for the first quarter of fiscal year 2015 ended March 31, 2015.

Revenue for the quarter is expected to be in the range of $755 million to $760 million, below the companys guidance of $780 million to $790 million. Net income for the first quarter of fiscal year 2015 per diluted share is expected to be in the range of $0.15 to $0.17 compared to guidance of $0.20 to $0.22 per diluted share. Non-GAAP net income for the first quarter of fiscal year 2015 per diluted share is... More