Citrix Systems, Inc. Raises FY 2012 Revenue Guidance; Issues FY 2012 EPS Guidance Below Analysts' Estimates; Issues Q1 2012 Guidance ; EPS Guidance Below Analysts' Estimates

Citrix Systems, Inc. announced that for fiscal 2012, revenue is targeted to be in the range of $2.49 billion to $2.51 billion; GAAP diluted earnings per share is targeted to be in the range of $1.88 to $1.97; and Non-GAAP diluted earnings per share (EPS) is targeted to be in the range of $2.70 to $2.74, excluding $0.41 related to the effects of amortization of intangible assets primarily related to business combinations, $0.71 related to the effects of stock-based compensation expenses, and $(0.26) to $(0.39) for the tax effects related to these items. For the first quarter of 2012, Revenue is targeted to be in the range of $555.0 million to $565.0 million; GAAP diluted earnings per share is targeted to be in the range of $0.30 to $0.31; and Non-GAAP diluted EPS is targeted to be in the range of $0.49 to $0.51, excluding $0.10 related to the effects of amortization of intangible assets primarily related to business combinations, $0.16 related to the effects of stock-based compensation expenses, and $(0.05) to $(0.08) for the tax effects related to these items. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $2.49 billion and EPS of $2.79 for fiscal 2012; and revenue of $561.4 million and EPS of $0.56 for the first quarter of 2012.