Citrix(CTXS Quote) said second-quarter earnings rose 64% from a year ago, paced by strong North American sales growth. But Citrix's shares, which were up nearly 60% at one point this year, tanked after hours as its guidance failed to inspire bulls.
Citrix earned $46.5 million, or 24 cents a share, in the quarter, compared with $27.9 million, or 16 cents a share, a year ago. Excluding items including amortization and stock options expense, Citrix earned 33 cents a share in the latest quarter, matching the Thomson First Call consensus.
Second quarter revenue rose 30% to $275 million, beating the consensus estimate by about $9 million. By region, Americas revenue rose 36%, while Europe-Middle East-Africa revenue rose 20% and Pacific rose 24%. The company's product license revenue rose 28% in the latest quarter. ...
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