Citrix Systems Stock Jumps After Earnings Beat
Shares of Citrix Systems (CTXS) soared 11% in early trading Thursday, at three-month highs, after the enterprise software company late Wednesday reported Q4 earnings far above analyst views. The company's sales outlook also beat expectations, two days after virtualization rival VMware (VMW) gave a weaker than expected outlook and said it would ax 900 jobs. Here was IBD's report. Citrix reported earnings per share minus items of 90 cents, 6 cents
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