UPDATE 1-Citrix Systems posts lower Q3 license rev; shares fall

miércoles 21 de octubre de 2009 22:41 CEST
 

* Q3 EPS $0.43 vs est of $0.41

* Q3 rev flat y-o-y

* Sees modest 2009 rev increase

* Sees 2010 rev up 8-9 pct

* Shares fall 5 pct in after-market trade

Oct 21 (Reuters) - Infrastructure software maker Citrix Systems Inc (CTXS.O: Cotización) posted higher quarterly profit that marginally beat estimates, but product license revenue fell 18 percent, sending shares down 5 percent.

For the third quarter, the company posted earnings of $53.4 million, or 29 cents a share, compared with $49.1 million, or 26 cents a share, a year ago.

The company, which develops virtualization software that allows a single computer to act like many "virtual" machines, earned 43 cents a share, excluding items.

Total net revenue was almost flat at $401 million. Product license revenue was $129.1 million compared with $157.5 million year ago.   Continuación...