Citrix Systems, Inc. (NASDAQ:CTXS) today announced preliminary results for the third quarter of fiscal year 2013 ended September 30, 2013. Revenue for the quarter is expected to be in the range of $710 million to $712 million, below the company’s guidance of $730 million to $740 million. Net income for the third quarter of fiscal year 2013 per diluted share is expected to be in the range of $0.39 to $0.40 compared to guidance of $0.41 to $0.42 per diluted share. Non-GAAP net income for the third quarter of fiscal year 2013 per diluted share is expected to be in the range of $0.68 to $0.69, compared to guidance of $0.72 to $0.73 per diluted share. Non-GAAP net income per diluted share excludes the effects of amortization of acquired intangible assets, stock-based compensation expenses and the tax effects related to these items.
“While we are disappointed that we fell short of our expectations this quarter, we remain confident in our strategy and markets,” said Mark Templeton, President and CEO, Citrix. “Our focus remains steadfast on helping our customers leverage cloud services and business mobility to improve the security and agility of their IT infrastructure. We will provide more color at our regularly scheduled conference call on October 23.”
These preliminary, unaudited results are based on management’s initial review of operations for the quarter ended September 30, 2013, and remains subject to change based on management’s ongoing review of the third quarter results.
Conference Call InformationCitrix will report final results for the third quarter of fiscal year 2013 in its regularly scheduled earnings release and conference call on Wednesday, October 23, 2013 after market close. A news release will be issued at approximately 4:05 p.m. ET and the conference call will begin at 4:45 p.m. ET to discuss financial results, quarterly highlights and business outlook. The call will include a slide presentation and participants are encouraged to view the presentation via webcast at http://www.citrix.com /investors. The conference call may also be accessed by dialing:
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts