Citrix Systems Earnings Miss, Revenue Beats In Q2

This post was originally published on this site

Citrix Systems announced earnings per share of $0.9 on revenue of $859.52M. Analysts polled by Investing.com anticipated EPS of $1.18 on revenue of $824.46M.

Citrix Systems shares are up 6% from the beginning of the year, still down 12.40% from its 52 week high of $115.30 set on July 28, 2021. They are outperforming the Nasdaq which is down 26.09% from the start of the year.

Citrix Systems’s report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.

Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, compared to forecast for EPS of $1.74 on revenue of $7.06B.

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