That indicates it has been using its rising year-over-year revenue growth (up 13.5% in the latest quarter) as well as its own authorized shares to expand without incurring unnecessary liabilities.
This is one of the hallmarks of effective company management. Look at this five-year chart of CTXS' price and quarterly revenue per share numbers. Two very important trends can be deciphered and both appear opportunistic.
First, the price-per-share for CTXS is about where it was at the beginning of 2012. Second, its quarterly revenue-per-share has been surging steadily. Last quarter was a downer for the company's earnings (down 15% year-over-year), but its trailing 12-month operating and levered free cash flow remained very healthy ($761 million and $464 million, respectively).As Citrix's blog commented after the latest acquisition agreement:
Given this momentum, today's news is huge. After the closing of the acquisition, Zenprise MDMHere's another reason why the stock may be doing so well Friday: Cisco Systems (CSCO) CEO John Chambers was
Mobile Device Managementcombined with CloudGateway and the Me@Work mobile apps will deliver a comprehensive mobile solution -- offering mobile device, app and data management.
Looking at the mobile market, customers have many options. In many instances, they look to point solutions for MDM or secure email, which force IT to weave a solution together from piece-parts in order to manage and secure mobile apps, content, and devices. Our intent is to solve this problem with Citrix and Zenprise products together. With Zenprise and Citrix, our customers will be able to get a complete solution that equips IT to securely control all apps and data, empowering people to work from anywhere on any device, and enabling business productivity through mobile work styles.
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