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Citrix Reports Third Quarter Financial Results

Financial Outlook for Fourth Quarter 2012

Citrix management expects to achieve the following results during its fourth fiscal quarter of 2012 ending December 31, 2012:
  • Net revenue is targeted to be in the range of $700.0 million to $710.0 million.
  • GAAP diluted earnings per share is targeted to be in the range of $0.55 to $0.57. Non-GAAP diluted earnings per share is targeted to be in the range of $0.83 to $0.85, excluding $0.17 related to the effects of amortization of acquired intangible assets, $0.22 related to the effects of stock-based compensation expenses, and $(0.09) to $(0.13) for the tax effects related to these items.

The above statements are based on current targets. These statements are forward-looking, and actual results may differ materially.

Financial Outlook for Fiscal Year 2012

Citrix management expects to achieve the following results during fiscal year 2012 ending December 31, 2012:
  • Net revenue is targeted to be in the range of $2.55 billion to $2.56 billion.
  • GAAP diluted earnings per share is targeted to be in the range of $1.81 to $1.83. Non-GAAP diluted earnings per share is expected to be in the range of $2.80 to $2.82, excluding $0.61 related to the effects of amortization of acquired intangible assets, $0.79 related to the effects of stock-based compensation expenses, and $(0.39) to $(0.43) for the tax effects related to these items.

The above statements are based on current targets. These statements are forward-looking, and actual results may differ materially.

Preliminary Outlook for Fiscal Year 2013

The company’s preliminary outlook for the full fiscal year 2013 is for net revenue to grow by approximately 14%. In addition, Citrix management is targeting an approximately 50 basis point expansion in Non-GAAP operating margins from 2012 levels. Non-GAAP operating margin excludes the effects of amortization of acquired intangible assets and stock-based compensation expense.

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