Citrix announces Q1 2013 earnings

Posted by Massimo Ferrari   |   Friday, April 26th, 2013   |  

On April 24, Citrix announced its financial results for first quarter of fiscal 2013, ended March 31, 2013.

Citrix announced a total revenue of $683 million, for an increase of 14% compared to Q1 2012

Net income registered a decrease of 13,3% compared to 2012 while Non-GAAP results raised from $111 million for Q1 2012 to $117 million for Q1 2013.

The stock market reacted with a fall of nearly 10 percent for Citrix Systems shares after the release of the earning report that showed decreasing profits.

Net income for the first quarter of fiscal year 2013 was $60 million, or $0.32 per diluted share, compared to $68 million, or $0.36 per diluted share, for the first quarter of fiscal year 2012. Net income for the first quarter of fiscal year 2013 includes net tax benefits of approximately $9 million, or $0.05 per diluted share.

In reviewing the results for the first quarter of fiscal year 2013, compared to the first quarter of fiscal year 2012:

  • Product and license revenue increased 8 percent;
  • Software as a service revenue increased 14 percent;
  • Revenue from license updates and maintenance increased 19 percent;
  • Professional services revenue, which is comprised of consulting, product training and certification, increased 2 percent;
  • Revenue increased in the Americas region by 17 percent, increased in the Pacific region by 15 percent and increased in the EMEA region by 9 percent;
  • Deferred revenue totaled $1.2 billion, compared to $983 million as of March 31, 2012, an increase of 25%;
  • GAAP operating margin was 8 percent and non-GAAP operating margin was 20 percent, excluding the effects of amortization of acquired intangible assets and stock-based compensation expenses;
  • Cash flow from operations was $249 million for the first quarter of fiscal year 2013, compared with $243 million for the first quarter of fiscal year 2012; and
  • The company repurchased 1.2 million shares at an average price of $71.51.

blog comments powered by Disqus Newest articles
Release: VMware vRealize Log Insight 4.5

June 13th, 2017

Log Insight is a log aggregation, management and analysis tool, that VMware first introduced in 2013 and considered a competitor of Splunk.
Yesterday VMware announced the release of version 4.5, available for…

Release: VMware vRealize Automation 7.3

June 6th, 2017

Today VMware announced the latest release of its cloud management platform vRealize Automation, former vCloud Automation Center.
VMware vRealize Automation 7.3 release notes can be found at this link.


Paper: Introducing the NSX-T Platform

February 9th, 2017

“We see greater potential strategic opportunity in NSX over the next decade than our franchise product vSphere has had for the past decade.”
said VMware’s CEO Pat Gelsinger talking about…

Paper: VMware vSphere Virtual Machine Encryption Performance

November 22nd, 2016

Encryption of virtual machines is something that has been requested for years by the security community. VMware continued to postpone its implementation due to the negative operational impact that many…

Quest Software leaves Dell

November 1st, 2016

In September 2012 Dell announced to have completed the acquisition of Quest Software, a Californian company with an history in systems management, security, business intelligence and, falling back in our…

Citrix announces Q3 2016 results

October 21st, 2016

Citrix announced its financial results for third quarter 2016.
The revenues for the second quarter were $841 million for an increase of 3% compared to Q3 2015.
Net income was $132…

Release: VMware vSphere 6.5 & Virtual SAN 6.5

October 19th, 2016

2016 edition of VMworld US has been quite turbulent, on the other hand during VMworld Europe, happening these days in Barcelona, the company announced a few more products for the…

Release: VMware vRealize Log Insight 4.0

October 18th, 2016

Log Insight is a log aggregation, management and analisys tool, that VMware first introduced in 2013 and now is usually compared with Splunk.
Yesterday VMware announced Log Insight’s new major…

Release: Windows Server 2016 with support for Window Server & Hyper-V containers

October 13th, 2016

Yesterday Microsoft announced the general availability of Windows Server 2016 which the company defines as a cloud-ready OS.
Beside fancy definitions, one of the most relevant perks of this release…

Release: Oracle VM 3.4.2

September 22nd, 2016

During Oracle OpenWorld 2016 the company released version 3.4.2 of its enterprise virtualization solution.
Oracle VM is available for both x86 and SPARC based processor architectures and uses the Xen hypervisor…

VMworld US 2016 Wrap-up

September 1st, 2016

Today was the last day of VMware’s flagship conference VMworld in Las Vegas, an highly controversial edition which left a good chunk of the audience disoriented if not properly disappointed….

Gartner releases its Magic Quadrant for Cloud Infrastructure as a Service for 2016

August 11th, 2016

Last week Gartner updated its Magic Quadrant for Cloud Infrastructure as a Service (IaaS) for the year 2016. The Magic Quadrant for the year 2015 was released in May last year…

Release: Ansible Tower 3 by Red Hat

August 2nd, 2016

Ansible is one of the four main players in the automation market, younger then the well known Chef and Puppet, has been launched in 2013 in Durham, N.C. and acquired…

IBM announces earnings for Q2 2016

July 19th, 2016

Yesterday IBM announced its results for Q2 2016.

If we compare with the same quarter in 2015 earnings per share, from continuing operations, decreased 22%. Net income, from continuing operations,…

Monthly Archive