UPDATE 1-Citrix Systems Q3 earnings rise

miércoles 17 de octubre de 2007 23:32 CEST
 

 (Recasts, adds '07 outlook and Reuters Estimates)
 Oct 17 (Reuters) - Infrastructure software maker Citrix
Systems Inc (CTXS.O: Cotización) reported a 39 percent jump in
third-quarter net income based on strong revenue growth across
all its businesses.
 Net income for the third quarter rose to $61 million, or 33
cents a share, from $44 million, or 23 cents a share, a year
ago. Excluding items, the company earned 41 cents a share in
the latest third quarter. Revenue rose 26 percent to $350
million.
 Analysts on average had expected the company to earn 38
cents a share, excluding items, on revenue of $339.9 million,
according to Reuters Estimates.
 For fiscal 2007, the company expects earnings of $1.52 to
$1.53 a share, which excludes certain items, but includes 3
cents of dilution related to its acquisition of XenSource.
 The company raised its fiscal-2007 revenue outlook to $1.36
billion to $1.37 billion, compared with its earlier forecast of
$1.34 billion to $1.36 billion.
 Analysts on average were expecting earnings of $1.53 a
share, before items, on revenue of $1.36 billion in fiscal
2007.
 Shares of the company were trading down more than 4 percent
at $40.00 in the late electronic trade.
 (Reporting by Purwa Khandelwal in Bangalore)