Categories AlphaGraphs, Earnings, Technology
Citrix Systems (CTXS) Q2 results beat amid strong subscription growth
Software company Citrix Systems, Inc. (NASDAQ: CTXS) reported higher earnings and revenues for the second quarter of 2020. The results topped the Street view and the company’s stock gained on Thursday morning.
The company reported adjusted earnings of $1.53 per share for the second quarter, which exceeded the consensus estimate by a wide margin. Reported profit was $112.9 million or $0.90 per share, up from $93.5 million or $0.70 per share reported in the second quarter of 2019.
Total revenues moved up to $798.9 million from $748.7 million in the prior-year quarter. Analysts were looking for slower growth. Subscription bookings, as a percentage of total bookings, rose to 76% from 62% last year.
(this story will be updated shortly with infographic)
Most Popular
DAL Earnings: All you need to know about Delta Air Lines’ Q1 2025 earnings results
Delta Air Lines (NYSE: DAL) reported its first quarter 2025 earnings results today. Operating revenue increased 2% year-over-year to $14 billion. Net income was $240 million, or $0.37 per share,
Deals and R&D in focus as Johnson & Johnson gears up for Q1 earnings
For Johnson & Johnson (NYSE: JNJ), investments in its pipeline and exiting lower priority businesses remain central to its strategy in the new fiscal year. The healthcare behemoth is in
Earnings preview: What to expect when these major banks report Q1 2025 results
The leading players in the banking industry are set to report their earnings results for the first quarter of 2025 over this week and the next. While majors JPMorgan Chase
