$CTXS (Citrix Systems, Inc.)

$CTXS {{ '2016-02-01T22:12:56+0000' | timeago}} • Announcement

Cloud computing company $CTXS said it elected Kevin Parker, co-founder and senior operating principal at Bridge Growth Partners, as Chairman for soon-to-be formed company comprised of the Citrix "GoTo" product line, effective upon separation in late 2016. Parker also serves on boards of Cvent, Salient CRGT, Intermedia, Aptos Retail and Polycom.

$CTXS {{ '2017-09-21T21:09:33+0000' | timeago}} • Announcement

$CTXS appointed Mark Ferrer as EVP and chief revenue officer, reporting to Citrix CEO David Henshall. Ferrer joins Citrix from SAP, where he has been the COO and EVP of SAP Global Customer Operations since 2011. Citrix EVP of Worldwide Sales and Services, Carlos Sartorius, will be assisting with transition and retiring at end of 2017.

$CTXS {{ '2017-09-20T20:26:29+0000' | timeago}} • Announcement

$CTXS announced the election of Dr. Ajei S. Gopal, President and CEO for ANSYS, Inc., to its BoD, effective immediately. Dr. Gopal will join the compensation committee, and in his new board role, qualifies as an independent director.

$CTXS {{ '2017-07-10T20:41:19+0000' | timeago}} • Announcement

$CTXS reaffirmed its 2Q17 guidance. Revenue is expected to be in line with the current guidance of $685-695MM with strong demand from customers for subscription-based solutions. GAAP diluted EPS is expected to be in line with the current guidance of $0.70-0.74. Adjusted diluted EPS is expected to be in line with the current guidance of $0.97-1.00.

$CTXS {{ '2017-07-10T20:38:17+0000' | timeago}} • Announcement

$CTXS appointed David J. Henshall, CFO and COO, as President, CEO and a member of the BoD, effective immediately. This follows the mutual separation decision between the BoD and CEO Kirill Tatarinov. Mark M. Coyle, SVP, Finance, has been appointed interim CFO, effective immediately.

$CTXS {{ '2017-04-26T21:54:26+0000' | timeago}} • Webcast

$CTXS stated that cash flows will benefit going through 2017. The company is billing a large portion of its multi-year transactions upfront. $CTXS is building a balance of unbilled backlog measured in several million dollars. $CTXS will collect a lot of cash from these transactions and moving into cloud, it will outpace revenue in the short-term.

$CTXS {{ '2017-04-26T21:36:32+0000' | timeago}} • Webcast

$CTXS said customer demand and customer conversations are strongly focused on cloud and this aligns with the company’s strategic focus. $CTXS is focused more on new customers in 2017. The company plans to ramp up its infrastructure and it is building its processes in order to have better ability to manage the financial model.

$CTXS {{ '2017-04-26T21:00:06+0000' | timeago}} • Announcement

For 2Q17, $CTXS expects net revenues to be in the range of $685-695MM and GAAP EPS from continuing operations to be about $0.70-0.74. Non-GAAP EPS from continuing operations is expected to be in the range of $0.97-1.00 during 2Q17.

$CTXS {{ '2017-04-26T20:57:51+0000' | timeago}} • Announcement

Cloud computing company $CTXS reported 70% drop in its 1Q17 earnings to $27.6MM, or $0.17 per share, compared to $83.4MM, or $0.54 per share during 1Q16. Revenue rose marginally by 1% to $659MM.

$LOGM {{ '2017-02-01T18:22:01+0000' | timeago}} • Announcement

$LOGM completed its merger with $CTXS' GetGo, Inc. subsidiary, a subsidiary consisting of $CTXS' GoTo family of service offerings. The merger officially closed after market hours on Jan. 31, 2017.

$CTXS {{ '2017-02-01T14:52:21+0000' | timeago}} • Announcement

$CTXS completed the spin-off and merger of its GoTo family of service offerings with $LOGM. No fractional shares of LogMeIn will be issued, and $CTXS stockholders will receive cash in lieu of any fractional shares.

$CTXS {{ '2017-01-25T21:43:18+0000' | timeago}} • Announcement

$CTXS expects FY17 net revenue of $2.81-2.84Bil, GAAP EPS of $2.49-2.74 and non-GAAP EPS of $4.60-4.65. For 1Q17, $CTXS sees net revenue of $655-665MM, GAAP EPS of $0.02-0.03 and non-GAAP EPS of $0.93-0.95. These guidance excludes the separation of the GoTo business.

$CTXS {{ '2017-01-25T21:40:53+0000' | timeago}} • Announcement

$CTXS' BoD has authorized it to repurchase up to an additional $500MM of its common stock. As of Dec. 31, 2016, about $900MM remained for repurchases from previous authorizations.

$CTXS {{ '2017-01-25T21:38:09+0000' | timeago}} • Announcement

$CTXS reported a rise in 4Q16 earnings driven by higher revenue as well as lower costs and expenses. Net income rose to $199.85MM or $1.26 per share from $131.27MM or $0.84 per share last year. Revenue grew to $908.36MM from $904.8MM. Non-GAAP EPS decreased to $1.61 from $1.66 in 4Q15, which included tax benefits.

$CTXS {{ '2017-01-09T18:48:24+0000' | timeago}} • Announcement

$CTXS announced the acquisition of Unidesk, the inventor of the Windows application packaging and management technology known as layering. $CTXS will continue to sell Unidesk as a standalone product for VMware Horizon and Microsoft virtual desktop deployment customers.

$CTXS {{ '2016-10-19T22:47:56+0000' | timeago}} • Webcast

Regarding the growth rates of Workspace business, $CTXS said the 5% growth in the license is remarkable. This growth was helped by tremendous strength in the products, team's remarkable innovation and small tuck-in acquisition of Norskale.

$CTXS {{ '2016-10-19T22:00:46+0000' | timeago}} • Webcast

$CTXS' product and license revenue remained flat at $206.18MM; SaaS revenue increased 9% to $207.05MM; License updates and maintenance revenue grew 5% to $398.17MM; and professional services revenue decreased 19% to $29.85MM.

$CTXS {{ '2016-10-19T21:45:46+0000' | timeago}} • Webcast

$CTXS said it acquired Norskale, a software solution for Microsoft Windows, to increase the capabilities in the user environment management. The company also expects its GoTo merger with LogMeIn, a Saas provider, to be completed in 1Q17.

$CTXS {{ '2016-10-19T21:35:02+0000' | timeago}} • Webcast

$CTXS's Workspace Service business grew 5% to $414MM, including a 5% YonY growth in product license revenue. Delivery networking revenue grew 1% to $191MM, with a 5% license growth.

$CTXS {{ '2016-10-19T20:59:17+0000' | timeago}} • Announcement

$CTXS expects FY16 net revenue to be in the range of $3.40-3.41Bil. This foreceast excludes the GoTo business, which is targeted to be in the range of $2.71-2.72Bil. GAAP diluted EPS is expected to be in the range of $3.04-3.05.

$CTXS {{ '2016-10-19T20:58:51+0000' | timeago}} • Announcement

$CTXS reported higher 3Q16 earnings of $132MM, or $0.84 per share, compared to $56MM, or $0.35 per share a year ago. Revenue increased 3% to $841MM.

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