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Citrix Shares Surge On 1Q Results
Stock quotes in this article:
CTXS
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NEW YORK (AP) — Shares of Citrix Systems Inc. surged Thursday after the company's first-quarter results outstripped Wall Street predictions.
The stock climbed $2.78, or 11 percent, to $28.43 in afternoon trading.
Fort Lauderdale, Fla.-based Citrix, which makes business software and machinery for remotely managing applications, saw restructuring charges and other one-time costs cut its first-quarter profit by 80 percent year-over-year. ...
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