View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 22, 1997updated 05 Sep 2016 1:09pm


By CBR Staff Writer

Citrix Systems Inc reported excellent first-quarter results, with net income up 159% at $7.5m on revenue that soared 177% to $21.5m. Earnings per share rose 136% to $0.26, shattering the First Call consensus of $0.18. The company cites strong demand for its flagship WinFrame product line and the expansion of European operations and worldwide distribution channels for the fine results. It also points to the current momentum of thin client computing and the implementation of Intelligent Console Architecture as the standard thin client Windows presentation protocol. During the quarter, Citrix signed ICA licensing agreements with Motorola, Psion, Telechips and Cubix. The company says it is well positioned for the future, with $148.2m in cash and short-term investments and shareholders’ equity of $150.5m at the close of the quarter.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.