Investing.com - Citrix Systems (NASDAQ:CTXS) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citrix Systems announced earnings per share of $1.46 on revenue of $810M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $781.55M.
Citrix Systems shares are up 1% from the beginning of the year and are trading at $130.51 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.32% from the start of the year.
Citrix Systems shares lost 1.13% in pre-market trade after the report.
Citrix Systems follows other major Technology sector earnings this month
Citrix Systems's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.
Micron had beat expectations on Thursday, January 7, 2021 with first quarter EPS of $0.78 on revenue of $5.77B, compared to forecast for EPS of $0.6842 on revenue of $5.66B.
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