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Citrix Systems Earnings, Revenue Miss in Q2

Investing.com - Citrix Systems (NASDAQ:CTXS) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $1.21 on revenue of $748.7M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $771.98M. That compared to EPS of $1.28 on revenue of $742.37M in the same period a year earlier. The company had reported EPS of $1.27 on revenue of $719.14M in the previous quarter.

Citrix Systems shares lost 6.67% to trade at $94.00 in after-hours trade following the report.

Citrix Systems follows other major Technology sector earnings this month

On July 18, Microsoft reported fourth quarter EPS of $1.37 on revenue of $33.72B, compared to forecasts of EPS of $1.21 on revenue of $32.77B.

Facebook earnings beat analysts' expectations on Wednesday, with second quarter EPS of $1.99 on revenue of $16.89B. Investing.com analysts expected EPS of $1.87 on revenue of $16.5B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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