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Citrix Systems, Inc. (CTXS) Message Board

  • mamabearsucks mamabearsucks Jul 21, 2004 3:45 PM Flag

    Briefing.com says it all re license rev

    15:14 CTXS Citrix Systems (16.75 -0.45)

    Citrix Systems is set to announce its Q2 results today after the market close with consensus rev estimate at $175 mln and EPS of $0.18... BofA Sec believes CTXS continues to see solid demand for MetaFrame across all verticals, with EMEA showing the strongest growth. As such, they expect Citrix to exceed their 2Q estimate of $175 mln in revenue and generate EPS of $0.18-$0.19. Firm also expects license revenue to be between $93-$94 million (+7% Q/Q). Clearly, investors remain laser-focused on the level of license revenue and anything short of 6-8% sequential growth will likely keep the shares pinned in a range below $20, in their view. In terms of 3Q guidance, they expect Citrix will remain conservative due to the summer slowdown in EMEA, but expect total revenue guidance of $175-$185 million, with EPS in the range of $0.18-$0.21. Consensus calls for $179 mln with EPS at $0.20.

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    let's hope that the license rev is up the 7% or so.

 
CTXS
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