Investing.com - Citrix Systems (NASDAQ:CTXS) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Citrix Systems announced earnings per share of $1.46 on revenue of $810M. Analysts polled by Investing.com anticipated EPS of $1.34 on revenue of $781.55M.
Citrix Systems shares are up 1% from the beginning of the year, still down 23.90% from its 52 week high of $173.46 set on July 22, 2020. They are outperforming the S&P 500 which is up 0.32% from the start of the year.
Citrix Systems shares lost 1.13% in pre-market trade following the report.
Citrix Systems follows other major Technology sector earnings this month
Citrix Systems's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of $0.9851 on revenue of $12.93B, compared to forecasts EPS of $0.9362 on revenue of $12.85B.
Micron had beat expectations on January 7 with first quarter EPS of $0.78 on revenue of $5.77B, compared to forecast for EPS of $0.6842 on revenue of $5.66B.
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