Citrix announces Q1 2010 earnings, XenServer market share at 11%
Earlier this week Citrix announced its financial results for the first quarter of the year. Like VMware, Citrix too reports positive results and growth in every region.
Specifically, the company announced $414M in total revenue. $123M from sales, $85M from SaaS business (the GoTo product line), $62M for NetScaler and $32M just for XenDesktop.
Four out of the five largest transactions across the company included XenDesktop. Overall the company added more than 700 new XenDesktop customers in Q1, with twenty deals ranging from 5,000 to 20,000 seats and one (in Europe, public sector) with 140,000 seats.
From a geographic perspective, US revenues grew 14% compared to last year, while EMEA revenues grew 9%.
Citrix closes Q1 2010 with additional 140 people and a total of $144M in cash flow.
For Q2 Citrix expects the total revenue to be in a range of $430M to $440M, while for the whole 2010 the total revenue should be in a range of $1.765B to $1.78B.
Quite interestingly, the Citrix CEO Mark Templeton said that the XenServer unit share jumped from 3% in 2008 to 11% at the end of 2009, according to IDC.
Thanks to Seeking Alpha for the call transcript.
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