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Citrix Systems Inc Issues Q2 2013 Guidance; Reaffirms FY 2013 Revenue Guidance; Lowers FY 2013 EPS Guidance


Wednesday, 24 Apr 2013 04:05pm EDT 

Citrix Systems Inc announced that for the second quarter of 2013, it expects net revenue to be in the range of $705 million to $715 million; other income is targeted to be approximately $1 million; GAAP diluted earnings per share is targeted to be in the range of $0.31 to $0.32. Non-GAAP diluted earnings per share is targeted to be in the range of $0.62 to $0.63, excluding $0.18 related to the effects of amortization of acquired intangible assets, $0.26 related to the effects of stock-based compensation expenses, and $(0.12) to $(0.14) for the tax effects related to these items. For fiscal 2013, it expects to achieve net revenue to be in the range of $2.95 billion to $2.98 billion; Other income is targeted to be approximately $4 million; GAAP diluted earnings per share is targeted to be in the range of $1.91 to $1.95. Non-GAAP diluted earnings per share is targeted to be in the range of $3.08 to $3.11, excluding $0.74 related to the effects of amortization of acquired intangible assets, $1.01 related to the effects of stock-based compensation expenses, and $(0.55) to $(0.62) for the tax effects related to these items. 

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11 Jul 2014