Last $60.76 USD
Change Today 0.00 / 0.00%
Volume 0.0
CTXS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Mexico
Frankfurt
As of 8:10 PM 01/29/15 All times are local (Market data is delayed by at least 15 minutes).

citrix systems inc (CTXS) Snapshot

Open
$62.18
Previous Close
$59.19
Day High
$63.27
Day Low
$59.81
52 Week High
09/18/14 - $72.89
52 Week Low
01/30/14 - $51.18
Market Cap
9.8B
Average Volume 10 Days
2.2M
EPS TTM
$1.71
Shares Outstanding
161.0M
EX-Date
--
P/E TM
35.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CITRIX SYSTEMS INC (CTXS)

citrix systems inc (CTXS) Details

Citrix Systems, Inc. provides virtualization, networking, and cloud infrastructure solutions worldwide. The company operates in two divisions, Enterprise and Service Provider, and SaaS division. The Enterprise division offers Desktop and Application Virtualization solutions, including XenDesktop, an integrated desktop virtualization system; XenApp to manage and mobilize Windows applications; XenClient, a bare-metal hypervisor; and Citrix Receiver for communicating with XenApp and XenDesktop. It also provides mobile solutions, such as XenMobile Enterprise that manages mobile devices, apps, and data; and XenMobile MDM, a mobile device management solution. In addition, this division offers cloud networking solutions comprising NetScaler, a Web application delivery controller; Bytemobile Smart Capacity solutions for traffic applications; and CloudBridge for connecting enterprise datacenters to end points. Further, it provides CloudPortal Business Manager to automate business and operations support services; CloudPlatform, an open source software platform; and XenServer, a virtualization platform. The SaaS division provides collaboration solutions comprising GoToMeeting product for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, a do-it-yourself Webinar product; Podio, a social collaborative work platform; GoToTraining, an online training product; GoToMyPC, an online service that enables individuals to remotely use resources hosted on their desktop; and GoToAssist, a cloud-based IT support solution. This division also offers ShareFile, a cloud-based file sharing and storage solution. The company also provides upgrades, support, and maintenance services; and professional services. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

citrix systems inc (CTXS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $897.5K
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $1.1M
Senior Vice President of Sales Strategy
Total Annual Compensation: $488.8K
Senior Vice President and General Manager of ...
Total Annual Compensation: $344.4K
Advisor
Total Annual Compensation: $388.5K
Compensation as of Fiscal Year 2013.

citrix systems inc (CTXS) Key Developments

Citrix Systems, Inc. Announces Implementation of Restructuring Program

On January 28, 2015, Citrix announced the implementation of a restructuring program designed to increase strategic focus and operational efficiency. The restructuring will affect approximately 700 full-time and 200 contractor positions. In connection with this Restructuring Program, the Board of Directors of Citrix adopted a severance pay and benefits plan on January 27, 2015. The company expects to incur pre-tax charges in the range of approximately $40 million to $45 million related to employee severance arrangements and $9 million to $10 million related to the consolidation of leased facilities during fiscal year 2015.

Citrix Systems, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015 and Full Year Ending December 31, 2015; Announces Impairment Charges for the Fourth Quarter Ended December 31, 2014

Citrix Systems, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced total net revenues of $851,483,000 compared to $802,420,000 for the same period a year ago. Income from operations was $117,408,000 compared to $160,854,000 for the same period a year ago. Income before income taxes was $107,701,000 compared to $162,018,000 for the same period a year ago. Net income was $95,228,000 compared to $138,644,000 for the same period a year ago. Earnings per common share diluted were $0.58 compared to $0.74 for the same period a year ago. Net cash provided by operating activities was $190,431,000 compared with $230 million for the fourth quarter of fiscal year 2013. Purchases of property and equipment were $49,975,000. Non-GAAP net income was $179,858,000 compared to $194,695,000 for the same period a year ago. Non-GAAP earnings per share diluted were $1.10 compared to $1.04 for the same period a year ago. For the full year, the company announced total net revenues of $3,142,856,000 compared to $2,918,434,000 for the same period a year ago. Income from operations was $302,311,000 compared to $380,717,000 for the same period a year ago. Income before income taxes was $275,706,000 compared to $387,890,000 for the same period a year ago. Net income was $251,723,000 compared to $339,523,000 for the same period a year ago. Earnings per common share diluted were $1.47 compared to $1.80 for the same period a year ago. Net cash provided by operating activities was $845,981,000 compared with $928 million for fiscal year 2013. Purchases of property and equipment were $165,417,000. Non-GAAP net income was $565,317,000 compared to $567,996,000 for the same period a year ago. Non-GAAP earnings per share diluted were $3.30 compared to $3.02 for the same period a year ago. The company provided earnings guidance for the first quarter ending March 31, 2015 and full year ending December 31, 2015. For the year, the company’s net revenue expected to be in the range of $3.29 billion to $3.33 billion, non-GAAP gross margin to increase more than 100 basis points over a year ago. The company expects to report GAAP earnings per share, diluted between $2.10 and $2.15 and non-GAAP earnings per share, diluted between $3.60 and $3.65, GAAP tax rate expected to be between 17.0% and 18.0%, Non-GAAP tax rate expected to be between 22.0% and 23.0%. For the first quarter, the company’s net revenue expected to be in the range of $780 million to $790 million. The company expects to report GAAP earnings per share, diluted between $0.20 and $0.22 and non-GAAP earnings per share, diluted between $0.70 and $0.72, GAAP tax rate expected to be between 17.0% and 18.0%, Non-GAAP tax rate expected to be between 22.0% and 23.0%. The company announced impairment charges for the fourth quarter ended December 31, 2014. The company announced that GAAP results for the fourth quarter of fiscal year 2014 include impairment charges of $30 million related to certain intangible assets, which are included in amortization of product related and other intangible assets.

Citrix Systems, Inc. to Cut 900 Jobs in Restructuring Program

Citrix Systems, Inc. announced the implementation of a restructuring program that will affect about 700 full-time and 200 contractor positions. The company expects the restructuring to result in annualized pre-tax savings of about $90 million to $100 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CTXS:US $60.76 USD +1.57

CTXS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Akamai Technologies Inc $59.95 USD +0.96
F5 Networks Inc $113.98 USD +1.14
Garmin Ltd $52.50 USD +0.50
Juniper Networks Inc $22.71 USD +0.06
Teradata Corp $45.00 USD +0.42
View Industry Companies
 

Industry Analysis

CTXS

Industry Average

Valuation CTXS Industry Range
Price/Earnings 35.5x
Price/Sales 3.1x
Price/Book 4.6x
Price/Cash Flow 21.9x
TEV/Sales 2.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CITRIX SYSTEMS INC, please visit www.citrix.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.