View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
October 25, 2012

Citrix reports revenue increase of 13% for Q3 2012

Enterprise infrastructure software maker Citrix reported that it posted revenues of $641m for the third quarter of 2012, an increase of 13% from the revenue of $565m it achieved in the same quarter of 2011.

By CBR Staff Writer

The Santa Clara-based company said its profit for the period witnessed a fall of 15.2% to $78m in the third quarter of 2012 from $92m in the corresponding quarter of the previous year.

Citrix president and chief executive officer Mark Templeton said the company had done well in the third quarter despite uncertainty over IT spending across the world.

"We continue to see a fundamental transformation of IT taking place. And Citrix remains in a great position as customers prioritise their investments for a world shaped by mobile workstyles and cloud services," said Templeton.

The company’s revenue took a beating in the Americas where its growth was only 7%, but the Europe Middle East Africa (EMEA) and Pacific region compensated for that dip by posting revenues of 20% and 17% respectively.

In the fourth quarter of 2012, the company expects revenue in the range of $700m to $710m.

For the fiscal year of 2012, the company expects revenue in the range of $2.55bn to $2.56bn.

The software maker expects revenue to grow by 13% for the fiscal year 2013.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

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.
THANK YOU