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Citrix Systems Earnings, Revenue Beat in Q4 -Breaking

by Mike Robinson

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© Reuters. Citrix Systems Reports Q4 Revenue Growth and Earnings

Citrix Systems (NASDAQ) and Investing.com reported Monday that the fourth quarter beat analyst forecasts. The company also posted revenue that exceeded expectations.

Citrix Systems reported earnings per share at $1.47, on $850.84M in revenue. Investing.com polled analyst to predict EPS of $1.07 based on $829.89M in revenue.

Citrix Systems shares rose 11% over the first of the year. However, they are down 26.94% from their 52 week peak of $144.47 on April 21, 2021. The Nasdaq is up 11.98% since the beginning of the year.

Citrix Systems shares fell 3.67% during pre-market trading following the report.

Citrix Systems is following other important earnings in the Information Technology sector this month

Citrix Systems reported Thursday’s earnings beat by Apple, which had $2.1 EPS on revenue $123.95B. This compares to Apple’s forecasts $1.9 EPS on revenue $119B.

Microsoft beat all expectations with a second quarter earnings per share of $2.48 on $51.73B in revenue, as compared to the forecast of EPS at $2.32 for $50.71B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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