|Bid||95.00 x 100|
|Ask||99.97 x 100|
|Day's Range||95.11 - 96.29|
|52 Week Range||73.33 - 96.96|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In 4Q17 on a non-GAAP (generally accepted accounting principles) basis, its operating income came in at $150 million, a rise of 20% YoY. Its operating margin in the same period was 29.9%, a rise of 320 basis points. Likewise, in 2017, its operating margin was 27.5% compared to 25.8% in 2016.
Microsoft, Intel, YY, Autohome and Citrix Systems have found 50-day support and are consolidating, but aren't yet in buy range. YY has earnings late Monday.
Fort Lauderdale-based software giant Citrix Systems is among the American companies that will bring untaxed overseas capital back to the U.S., per a requirement of the new federal tax plan. The Republican-backed tax overhaul includes a one-time "deemed repatriation tax" that compels companies based in the U.S. to bring back profits gained from international operations. “With the announcement of our multi-year cloud transition and operational efficiency initiatives, we believe Citrix is well-positioned to generate strong cash flow growth and shareholder value," Citrix CEO David J. Henshall said.
Virtual workspace operator Citrix Systems (CTXS) has gained from growing demand for both its hybrid and public cloud systems. In 4Q17, the company reported strong growth in its Content Collaboration business. In 4Q17, Citrix’s Content Collaboration business grew nearly 23.0% YoY (year-over-year) to $45.6 million, posting its highest growth compared to the company’s other product categories..
Citrix Systems Inc (NASDAQ:CTXS) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017.
To gain strong market traction as well as to downplay competitive threats, Citrix (CTXS) has enhanced its virtual workspace and cloud product and its service portfolio. The company identified its three key goals—accelerating the ongoing transition of clients from on-premise to the cloud platform, streamlining the data and apps delivery process, and increasing its incremental revenues through security and analytics. In the graph above, we can see the overall revenue growth of Citrix in the last five years. The company’s implementation of these strategies has already started reflecting on its revenues.
Citrix (CTXS) has witnessed ongoing pressure on its margins, driven by increasing expenditures on research and development (or R&D). The higher cost of its product, services, and maintenance businesses has also been responsible for its margin contractions. In 4Q17, Citrix’s gross margin stood at 84.3% compared with 86.4% in 4Q16. Its operating margin in 4Q17 was 24.4%, down 310 basis points. In the chart above, we can see Citrix’s operating margins on a GAAP basis in the last five quarters. In fiscal 2017, its gross margin was 84.4% versus 85.2% in fiscal 2016.
In a fierce contest for employee talent, “silver medalists”—job candidates that companies almost hired but passed over for someone else—are becoming winners.
Citrix Systems (CTXS) reported its 4Q17 results on January 31, 2018. In the chart above, we can see Citrix’s overall revenue growth in the last five quarters. Higher adoption of a virtual workspace is driven by secure cloud computing across the healthcare, financial services, technology, and government sectors.
Apart from spoiling Citrix's (CTXS) customers for choice, the Cedexis buyout offers increased flexibility aimed at improving its operational performance and efficiencies.
Citrix Systems has acquired web-monitoring company Cedexis in a deal designed to fast-track Cedexis’ product adoption and boost Citrix’s ability to help enterprise customers adopt cloud IT infrastructure. Portland, Oregon-based Cedexis' technology helps companies monitor web performance and, when necessary, reroute traffic to ensure that clients' customers get a high-quality internet experience. Founded in 2009, Cedexis has 77 employees and offices in Portland and Paris.