24 Jan 2008
Thin client specialist Citrix Systems profit was up 19 per cent in the fourth quarter and 17 per cent over the whole of 2007.
Income in the last three months of 2007 was $63m (£32m) compared with $53m (£26m) the year before. It was $214m (£109m) for the whole financial year, compared with $183m (£93m) in 2006.
Revenue was also up, by 24 per cent in the fourth quarter to $400m (£203m), compared with $321m (£163m) in the same period of 2006. Annual revenue was up 23 per cent to $1.39bn (£706m) from $1.13bn (£574m).
“Our results are proof that the application delivery strategy is resonating with our customers,” said Mark Templeton, president and CEO of Citrix.
“For 2007, we saw very strong revenue growth, good EPS growth, and real traction in product licensing".
Very surprising results. I didn't think Citrix customers would be taking to their new offerings quite so quickly so this is a very positive thing for them.
The seem to be getting very cosy with microsoft, i'm wondering whether Citrix could one day be an MS company. I think a combined company would have incredible value but would also combine to provide some truly excellent products.
Very good results.
Posted by: Wings of heaven 24 Jan 2008
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