Citrix Systems Earnings, Revenue Beat in Q3 By Investing.com

Citrix Systems Earnings, Revenue Beat in Q3

Stock Markets Oct 24, 2019 07:35AM ET

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Citrix Systems Earnings, Revenue Beat in Q3

Investing.com - Citrix Systems (NASDAQ:CTXS) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.52 on revenue of $732.9M. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $717.32M. That compared to EPS of $1.4 on revenue of $732.48M in the same period a year earlier. The company had reported EPS of $1.21 on revenue of $748.7M in the previous quarter.

Citrix Systems follows other major Technology sector earnings this month

On Wednesday, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.24 on revenue of $32.14B.

Taiwan Semiconductor earnings beat analysts' expectations on October 17, with third quarter EPS of $0.64 on revenue of $9.58B. Investing.com analysts expected EPS of $0.61 on revenue of $9.25B

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

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