Citrix Systems Earnings Miss, Revenue Beats In Q1 -Breaking
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© Reuters. Citrix Systems Earnings Miss, Revenue Beats In Q1Citrix Systems (NASDAQ) reported Thursday that the first quarter revenue exceeded analysts’ expectations.
Citrix Systems reported earnings per share at $0.47 on revenues of $825.34M. Investing.com polled analyst to predict EPS of $0.47 on revenues of $825.34M.
Citrix Systems shares have increased 7% since the start of the year but are still 18.01% below its 52-week high of $123.68, which was set May 7, 2021. They are outperforming the S&P 500 which is down 12.99% from the start of the year.
Citrix Systems joins other notable Information Technology industry earnings this month
Citrix Systems reported following an Apple earnings beat of April 28, where Citrix Systems reported EPS $1.52 for revenue $97.28B. This compares to the forecasts of EPS $1.42 for revenue $94.03B.
Microsoft exceeded expectations by beating all forecasts on April 26, with its third quarter EPS (EPS) of $2.22 for revenue $49.36B. This compares to the $2.19 expected on revenue $49.02B.
Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar
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