LONDON, February 20, 2015 /PRNewswire/ --

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Investor-Edge.com has issued free earnings review on Citrix Systems Inc. (NASDAQ: CTXS). On January 28, 2015, the company reported its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS to read our free earnings review on Citrix Systems Inc. (Citrix). The company's total net revenues grew 6% Y-o-Y in Q4 FY14 and 8% Y-o-Y in full-year FY14. Additionally, Citrix's deferred revenue improved 10% Y-o-Y to $1.56 billion as on December 31, 2014. Our free coverage report can be accessed at:

http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS

Earnings Overview

During Q4 FY14, Citrix's total net revenues were $851.48 million compared to $802.42 million in Q4 FY13. The company's net revenues during Q4 FY14 outperformed Bloomberg analysts' forecast of $844.00 million. In Q4 FY14, Citrix's Product and license segment revenues decreased 1% Y-o-Y to $267.37 million. Revenues from Software as a service grew 10% Y-o-Y to $168.40 million, while revenue from, license updates and maintenance segment improved 9% Y-o-Y to $366.95 million, and the same from Professional services segment increased 15% Y-o-Y to $48.77 million in Q4 FY14. Free research on CTXS can be downloaded in PDF format at:

http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS

In Q4 FY14, Citrix's GAAP gross margin and GAAP operating margin were 80% and 14%, respectively. The company's GAAP net income for Q4 FY14 came in at $95.23 million, or $0.58 per diluted share, compared to $138.64 million, or $0.74 per diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report GAAP net income of $96.00 million, or $0.63 per diluted share, in Q4 FY14.

For FY14, Citrix's total net revenues were $3.14 billion compared to $2.92 billion in FY13. The company's net revenues during FY14 came in-line with Bloomberg analysts' expectation of $3.14 billion. During FY14, Citrix's Product and license segment and Software as a service segments revenues improved 1% Y-o-Y and 12%, respectively. Furthermore, revenues from license updates and maintenance segment and Professional services segment grew 9% Y-o-Y and 26% Y-o-Y, respectively, in FY14.

Citrix reported cash flow from operations of $190 million in Q4 FY14 and $846 million in FY14. During Q4 FY14, the company repurchased a total of 3.3 million shares, out of which 2.6 million was related to the accelerated share repurchase agreement and 0.7 million shares from share repurchases at an average price of $65.26. In FY14, the Company repurchased a total of 26.1 million shares, out of which 21.8 million was related to the accelerated share repurchase agreement and 4.3 million shares from share repurchases at an average price of $64.00. Sign up and read the free analyst's notes on CTXS at:

http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS

President and CEO at Citrix, Mark Templeton, said that he is proud of FY14 performance, but they are not satisfied. The Company is looking ahead to 2015 with a focus on innovation that delivers a better experience, more flexibility and greater security to its customers, and a more focused organizational footprint that enables profitable growth, he added.

In its outlook for Q1 FY15, Citrix expects net revenue in the range of $780 million to $790 million with GAAP diluted earnings per share in the range of $0.20 to $0.22. For full-year FY15, the company anticipates GAAP diluted earnings per share in the range of $2.10 to $2.15 with net revenue in the range of $3.29 billion to $3.33 billion. Visit Investor-Edge and access the latest research on CTXS at:

http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS

Stock Performance

On the day following the earnings release, January 29, 2015, shares of Citrix ended the session at $60.76, up 2.65%. Since then, the stock has mostly witnessed a positive momentum. On the last close, Thursday, February 19, 2015, the company's shares finished at $64.29 which is 0.89% above its previous day's closing price of $63.72. The stock vacillated between $63.25 and $64.53 during the session. A total of 0.96 million shares were traded which was below its three months average volume of 1.64 million shares. Over the last one month and past one year, the company's shares have gained 10.12% and 12.32%, respectively. However, the stock has fallen by 0.51% over the previous three months. Shares in Citrix are trading above their 50-day moving average of $61.84. Furthermore, the stock traded at a PE ratio of 37.61 and has a Relative Strength Index (RSI) of 59.00.

Sneak Peek to Corporate Insider Trading

In the last one month, Citrix has reported only one corporate insider transaction to the U.S. Securities and Exchange Commission (SEC). On January 30, 2015, Murray J. Demo, Director at Citrix, disposed 1,000 shares at a price of $60.04 per share and for a total value of $60,040. Complimentary in-depth research on CTXS is available at:

http://get.Investor-Edge.com/pdf/?c=Citrix%20Systems&d=20-Feb-2015&s=CTXS

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