Citrix Systems Earnings Miss, Revenue Beats In Q1

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Citrix Systems announced earnings per share of $0.47 on revenue of $825.34M. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $794.67M.

Citrix Systems shares are up 7% from the beginning of the year, still down 18.01% from its 52 week high of $123.68 set on May 7, 2021. They are outperforming the S&P 500 which is down 12.99% from the start of the year.

Citrix Systems’s report follows an earnings beat by Apple on April 28, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.42 on revenue of $94.03B.

Microsoft had beat expectations on April 26 with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.02B.

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