Investing.com - Citrix Systems reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citrix Systems announced earnings per share of $1.47 on revenue of $850.84M. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $829.89M.
Citrix Systems shares are up 11% from the beginning of the year , still down 26.94% from its 52 week high of $144.47 set on Wednesday, April 21, 2021. They are outperforming the S&P 500 which is down 7.01% year to date.
Citrix Systems shares lost 3.69% in pre-market trade the report.
Citrix Systems follows other major Information Technology sector earnings this month
Citrix Systems's report follows an earnings beat by Apple on Thursday, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
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