Citrix Systems Inc. (CTXS), which offers cloud computing services to PC and laptop users, will be launching its popular NetScaler Control Center for VMware, Inc. (VMW). This will allow users to automatically configure NetScaler from the VMware platform.
Installation of NetScaler programs in networks which employ will allow cloud administrators to incorporate program-based NetScaler services into application-based datacenters built on the VMware virtualization platform.
Such services will not only provide users flexibility to operate the VMware platform but will also improve datacenter performance. Combining NetScaler Control Center with VMware NSX not only eliminates difficulties related with physical network topology but also helps users to install NetScaler services without delay.
Last month, Citrix declared strong financial results for the second quarter of 2013. Both its top and bottom lines have easily surpassed the Zacks Consensus Estimate. The company’s Networking and Cloud Solutions revenues were $164.8 million, up by a significant 46.2% year over year while the Mobile and Desktop revenues were $382.2 million, up 10.8% year over year.
So, Citrix’s Networking and Cloud Solutions revenues will further get bolstered with the launch of the new cloud solution service. A few days back the company enhanced its mobile computing platform by offering Citrix Worx App Gallery. Improvement of the new mobile apps will also drive the Mobile and Desktop revenues.
Citrix currently carries a Zacks Rank #3 (Hold).
Other Stocks to Consider
Other stocks to consider in the Business Software & Services industry are Vocus Inc. (VOCS) and CA Inc. (CA). Vocus carries a Zacks Rank #2 (Buy) while CA Inc. carries a Zacks Rank #3 (Hold).
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