Citrix results for Q3 2014

On October 22, Citrix announced its financial results for the third quarter of fiscal year 2014, ended September 30, 2014.

The revenues for the third quarter were $759 million for an increase of 6% compared to Q3 2013 and 1% of decrease in performance compared to Q2 2014.

Net income was $48 million and non-GAAP operating income was $125 million, respectively a decrease of 38% and of 5% that reflect the charge related to a previously disclosed patent lawsuit as well as several restructuring costs that the company faced to better align its strategy.

Cash flows were $164 million compared with $223 million for the third quarter 2013.