Edition:
United States

Citrix Systems Inc (CTXS.O)

CTXS.O on Nasdaq

83.49USD
20 Oct 2017
Change (% chg)

$0.75 (+0.91%)
Prev Close
$82.74
Open
$83.17
Day's High
$83.98
Day's Low
$82.84
Volume
1,537,219
Avg. Vol
1,345,641
52-wk High
$95.90
52-wk Low
$70.24

Latest Key Developments (Source: Significant Developments)

Citrix Systems- Expects to record about $60 mln to $100 mln in pre-tax restructuring charges
Wednesday, 4 Oct 2017 04:30pm EDT 

Oct 4 (Reuters) - Citrix Systems Inc :Citrix Systems Inc - ‍restructuring program to include, among other things, elimination of full-time positions and facilities consolidation​.Citrix Systems Inc - ‍currently expects to record in about $60 million to $100 million in pre-tax restructuring charges associated with restructuring program​.Citrix Systems Inc - ‍anticipates completing majority of activities related to restructuring program during Q4 of 2017 and during fiscal year 2018​.Citrix Systems-to incur‍ pre-tax charges of about $55 million- $70 million related to employee severance, about $5 million- $30 million related to consolidation of facilities.  Full Article

Citrix Systems expanded board from 9 to 10 directors - SEC Filing​
Wednesday, 20 Sep 2017 04:26pm EDT 

Sept 20 (Reuters) - Citrix Systems Inc :Citrix Systems - Board of Citrix Systems expanded board from 9 to 10 directors, and elected Dr. Ajei S. Gopal as a director of company - SEC Filing​.  Full Article

Citrix Q2 EPS $0.70 from continuing operations
Wednesday, 2 Aug 2017 04:05pm EDT 

Aug 2 (Reuters) - Citrix Systems Inc :Citrix reports second quarter 2017 financial results.Q2 non-GAAP earnings per share $1.03 from continuing operations.Q2 earnings per share $0.70 from continuing operations.Q2 revenue $693 million versus I/B/E/S view $690.8 million.Sees FY 2017 non-GAAP earnings per share $4.60 to $4.65 from continuing operations excluding items.Sees Q3 2017 non-GAAP earnings per share $1.02 to $1.05 excluding items.Sees FY 2017 GAAP earnings per share $2.59 to $2.74 from continuing operations.Sees Q3 2017 gaap earnings per share $0.68 to $0.70.Sees Q3 2017 revenue $685 million to $695 million.Sees FY 2017 revenue $2.81 billion to $2.83 billion.Q2 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.19, revenue view $699.3 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $4.64, revenue view $2.82 billion -- Thomson Reuters I/B/E/S.  Full Article

Citrix ‍announces extensions to long-term strategic relationship with Google​
Thursday, 20 Jul 2017 01:00pm EDT 

July 20 (Reuters) - Citrix Systems Inc ::Citrix and Google align to help businesses fully embrace secure cloud transformation.Announces extensions to its long-term strategic relationship with Google​.  Full Article

Citrix says Henshall to be paid initial base salary of $1 mln
Monday, 10 Jul 2017 04:30pm EDT 

July 10 (Reuters) - Citrix Systems Inc :Citrix Systems Inc - David J. Henshall will be paid an initial base salary of $1.0 million.Citrix Systems - ‍in connection with his promotion, Henshall will receive an equity grant consisting of $2.5 million of time-based restricted stock units.Citrix Systems Inc - ‍in connection with his promotion, Henshall will receive an equity grant also consisting of $2.5 million of performance-based RSU.Citrix Systems Inc - ‍Henshall will be eligible to receive annual equity awards with a target value of $8.0 million beginning in 2018​.  Full Article

Citrix Systems names David J. Henshall CEO
Monday, 10 Jul 2017 04:05pm EDT 

July 10 (Reuters) - Citrix Systems Inc :David J. Henshall appointed president and chief executive officer.Citrix announces leadership transition to accelerate cloud transformation, enhance profitability and return capital to shareholders.Citrix Systems Inc - reaffirms guidance for Q2.Mark M. Coyle to serve as interim chief financial officer.Citrix Systems Inc - retained a search firm to assist in a search process to identify a permanent CFO.Q2 earnings per share view $0.99, revenue view $690.9 million -- Thomson Reuters I/B/E/S.Citrix Systems - board has also formed an operations and capital committee that will work with Citrix's management team and advise Citrix board.Citrix Systems - operations & capital committee will be led by executive chairman Robert Calderoni, David Henshall, directors Jesse Cohn, Peter J. Sacripanti.  Full Article

Citrix Systems says CEO Kirill Tatarinov's 2016 total compensation was $22.3 million
Thursday, 27 Apr 2017 01:27pm EDT 

April 27 (Reuters) - Citrix Systems Inc ::CEO Kirill Tatarinov's 2016 total compensation was $22.3 million - SEC filing.Says CFO David Henshall's FY 2016 total compensation was $6.0 million versus $10.1 million in FY 2015 - SEC filing.  Full Article

Citrix Q1 EPS $0.44 from continuing operations
Wednesday, 26 Apr 2017 04:05pm EDT 

April 26 (Reuters) - Citrix Systems Inc ::Citrix reports first quarter financial results.Q1 non-gaap earnings per share $0.97 from continuing operations.Q1 earnings per share $0.44 from continuing operations.Q1 revenue $663 million.Sees fy 2017 non-gaap earnings per share $4.60 to $4.65 from continuing operations excluding items.Sees q2 2017 non-gaap earnings per share $0.97 to $1.00 from continuing operations excluding items.Sees q2 2017 gaap earnings per share $0.70 to $0.74 from continuing operations.Sees fy 2017 gaap earnings per share $3.02 to $3.21 from continuing operations.Sees q2 2017 revenue $685 million to $695 million.Sees fy 2017 revenue $2.81 billion to $2.84 billion.Q1 earnings per share view $0.95, revenue view $664.4 million -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.09, revenue view $695.2 million -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $4.65, revenue view $2.83 billion -- Thomson Reuters I/B/E/S.  Full Article

Citrix working with Goldman Sachs on possible sale process- CNBC, citing report
Monday, 13 Mar 2017 03:46pm EDT 

: Citrix is working with Goldman Sachs on possible sale process- CNBC, citing report Further company coverage: [CTXS.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Citrix Systems Q4 earnings per share $1.26
Wednesday, 25 Jan 2017 04:12pm EST 

Citrix Systems Inc : Citrix reports fourth quarter and fiscal year financial results . Q4 non-gaap earnings per share $1.61 . Q4 earnings per share $1.26 . Q4 revenue $908 million versus i/b/e/s view $900.7 million . Q4 earnings per share view $1.49 -- Thomson Reuters I/B/E/S . Sees q1 2017 non-gaap earnings per share $0.93 to $0.95 excluding items . Sees fy 2017 non-gaap earnings per share $4.60 to $4.65 excluding items . Sees q1 2017 gaap earnings per share $0.02 to $0.03 . Sees fy 2017 gaap earnings per share $2.49 to $2.74 . Sees q1 2017 revenue $655 million to $665 million . Sees fy 2017 revenue $2.81 billion to $2.84 billion . Q4 earnings per share view $1.49, revenue view $900.7 million -- Thomson Reuters I/B/E/S . Q1 earnings per share view $1.25, revenue view $848.4 million -- Thomson Reuters I/B/E/S .Fy2017 earnings per share view $5.60, revenue view $3.55 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Citrix Systems- Expects to record about $60 mln to $100 mln in pre-tax restructuring charges

* Citrix Systems Inc - ‍restructuring program to include, among other things, elimination of full-time positions and facilities consolidation​