Citrix Posts 15% Rise in Q4 Profit, Traders Selling Amid Lackluster Outlook
January 29, 2014 at 19:10 PM EST
Citrix Systems (NASDAQ: CTXS ) shares are down about five percent in after hours trading Wednesday as the company reported its quarterly results. The networking specialist reported fourth-quarter adjusted EPS of $1.04 versus the Street estimate of $2.96. Revenue was $802 million, a 16 percent quarter-over-quarter and 8.4 percent