Seeking Alpha

Citrix issues Q3 warning; enterprise IT peers fall in sympathy

  • Citrix (CTXS) expects Q3 revenue of $710M-$712M, below a prior guidance range of $730M-$740M and a $737.3M consensus. EPS guidance has been lowered to $0.68-$0.69, below a prior $0.72-$0.73 and a $0.73 consensus. (PR)
  • The thin client/virtualization software and application delivery controller vendor doesn't give a reason for the shortfall. Full Q3 results arrive on Oct. 23.
  • CTXS -11.1% AH. Off in sympathy: RHT -2.2% VMW -4.4%. EMC -1.5%. FFIV -4.3%.
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