Templeton took a leave of absence in October to deal with a death in his family. CFO David Henshall, who has been serving as interim CEO since then, has been promoted to the new position of COO, and will retain some of the responsibilities he assumed in Templeton's absence.
Citrix is guiding for revenue growth of 8%-10% for both Q1 and the whole of 2014. That's below consensus estimates of 10.9% and 11.3% growth. The company has also set Q1 and 2014 EPS guidance ranges of $0.57-$0.60 and $2.85-$2.95, below consensus estimates of $0.69 and $3.35.
Like a number of other tech companies, Asia-Pac has been a weak spot for Citrix: Sales to the region fell 12% Y/Y in Q4. Americas sales rose 8%, and EMEA sales 14%.
The company's deferred revenue balance rose 18% Y/Y in 2013 to $1.4B. $255M was spent on buybacks in Q4, helping EPS beat estimates in spite of a revenue miss.
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