Citrix Systems Earnings Beat, Revenue Misses In Q2

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Citrix Systems announced earnings per share of $1.24 on revenue of $812.1M. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $838.53M.

Citrix Systems shares are up 19% from the beginning of the year, still down 22.85% from its 52 week high of $148.47 set on September 1, 2020. They are under-performing the AEX which is up 21% from the start of the year.

Citrix Systems shares lost 14.88% in pre-market trade following the report.

Citrix Systems’s report follows an earnings beat by Apple on Tuesday, who reported EPS of $1.3 on revenue of $81.43B, compared to forecasts EPS of $1.01 on revenue of $73.26B.

Microsoft had beat expectations on Tuesday with fourth quarter EPS of $2.17 on revenue of $46.15B, compared to forecast for EPS of $1.91 on revenue of $44.06B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar