Investing.com - Citrix Systems reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Citrix Systems announced earnings per share of $1.24 on revenue of $812.1M. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $838.53M.
Citrix Systems shares are up 19% from the beginning of the year , still down 22.85% from its 52 week high of $148.47 set on Tuesday, September 1, 2020. They are under-performing the AEX which is up 21% year to date.
Citrix Systems shares lost 14.88% 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 Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.
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