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Citrix reports Q3 financial results |
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Citrix has reported third quarter financials results, with revenues of $472 million as compared to $401 million in the third quarter of fiscal 2009, representing 18 percent revenue growth. Net income for the quarter was $88 million, or $0.46 per diluted share, as compared to $53 million, or $0.29 per diluted share for the same quarter last year. Operating Margin was 17 percent.  As compared to the third quarter of 2009, Citrix reported product license revenues higher by 18 percent for the quarter, while revenue from license updates rose 15 percent. Online services revenue grew 16 percent, technical services revenue comprised consulting, education and technical support grew 30 percent. Cash flow from operations was a record $190 million.In its financial outlook for the upcoming fourth quarter, Citrix said it expects net revenue in the range of $500 million to $510 million, interest income in the range of $3 million to $4 million, and diluted earnings per share in the range of $0.47 to $0.49. |
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