Investing.com - Citrix Systems (NASDAQ:CTXS) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citrix Systems announced earnings per share of $1.47 on revenue of $850.84M. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $829.89M.
Citrix Systems shares are up 11% from the beginning of the year and are trading at $101.65 , down-from-52-week-high.They are outperforming the S&P 500 which is down 7.01% from the start of the year.
Citrix Systems shares lost 3.69% in pre-market trade following the report.
Citrix Systems follows other major Information Technology sector earnings this month
Citrix Systems's report follows an earnings beat by Apple on Thursday, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.71B.
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