Citrix Reports Second Quarter Earnings Results.

Business Wire (July 26, 2005)


Permanent Link: http://vlex.com/vid/citrix-reports-second-earnings-results-55636057
Id. vLex: VLEX-55636057

Acceda a este documento
y pruebe vLex GRATIS durante 3 días

Sponsored Ads:


Headnotes:

Extract:

Citrix Reports Second Quarter Earnings Results.

FORT LAUDERDALE, Fla. -- Citrix Systems, Inc. (Nasdaq:CTXS):

-- Year-over-year Quarterly Revenue Growth of 18%; -- Diluted Earnings Per Share of $0.16, Including Tax Impact of American Jobs Creation Act; -- Adjusted Diluted Earnings Per Share of $0.27, an Increase of 35% Over Comparable Period Last Year Citrix Systems, Inc. (Nasdaq:CTXS), the global leader in access infrastructure solutions, today reported financial results for its second quarter of fiscal 2005 ended June 30, 2005.

FINANCIAL RESULTS GAAP Results

In the second quarter of fiscal 2005, Citrix achieved revenue of $211.2 million, compared to $178.3 million in the second quarter of fiscal 2004, representing 18 percent revenue growth.

Net income for the second quarter of fiscal 2005 was $27.9 million, or $0.16 per diluted share - which included a net tax provision of approximately $16 million recorded in anticipation of repatriating certain foreign earnings pursuant to the American Jobs Creation Act of 2004 (AJCA) - compared to net income of $31.5 million, or $0.18 per diluted share, for the second quarter of fiscal 2004.

Non-GAAP Results

Net income, adjusted to exclude the effects of amortization of intangible assets, amortization of deferred stock-based compensation, and the above mentioned net tax provision, was $47.8 million for the second quarter of fiscal 2005, or $0.27 per diluted share, compared to $35.4 million, or $0.20 per diluted share, in the comparable period last year....



Activate your free trial now

Make your order

Need help? Contact us

Try vLex for FREE for 3 days

Access legal information from United States including:

  • Constitutions
  • Forms and Contracts
  • Legal Books and Journals
  • Case Law
  • News and Business
  • Regulations
  • U.S. Code

Try vLex without any commitment for 3 days and see why you need it.

3

days of Free Access



If you are already a vLex customer, Access Here

Sponsored Ads:


Other documents:
polk v. dixie ins. co. (5th cir. 1992) | Entscheidung der Kommission vom 18. Oktober 2001 zur Ermachtigung der Mitgliedstaaten, vo... | Baker Hughes Calls LYONs for Redemption | Santo Amaro | Detenidos los cinco miembros de una banda que atracó en menos de una hora tres... | Decisao Monocratica N 70021368683 of Tribunal de Justica do RS Decima Oitava Camara Civel... | Habitação | Decisão Monocrática Nº 70032096943 of Tribunal de Justiça do RS Vigésima Pri... | ordinanze ordinaria nº 3458 of consiglio di stato of july 01 2008 | acordao n 2.0000.00.514140-8/000 1 of tjmg tribunal de justica do estado d... | Avis relatif a l extension d un avenant a la convention collective de t...