Citrix Systems (CTXS) Tops Q4 EPS by 11c, Approves $500M Buyback

Citrix Systems (NASDAQ: CTXS) reported Q4 EPS of $1.61, $0.11 better than the analyst estimate of $1.50. Revenue for the quarter came in at $908.4 million versus the consensus estimate of $900.75 million.

Board of directors authorizes $500 million increase to share repurchase program.

Citrix Systems sees FY17 EPS of $4.60-$4.65 on revenue of $2.81-$2.84 billion, which may not compare to consensus of $5.60 and $3.55 billion.

Q1 EPS is seen at $0.93-$0.95 on revenue of $655-$665 million, may not compare to the consensus of $1.25 and $848.42.

For earnings history and earnings-related data on Citrix Systems (CTXS) click here.

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