Citrix estimates results below expectations; shares dive

Reuters

Oct 9 (Reuters) - Cloud computing software maker CitrixSystems Inc estimated quarterly results below analysts'expectations, sending its shares down as much as 13 percent.

The company said it expects adjusted earnings of 68-69 centsper share on revenue of $710 million to $712 million in thethird quarter.

Analysts on average had expected earnings of 73 cents pershare on revenue of $737.3 million, according to Thomson ReutersI/B/E/S.

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