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Stock Market & Financial Investment News

News Breaks
May 16, 2013
09:10 EDTCTXSCitrix shares should be bought ahead of Synergy event, says Pacific Crest
Pacific Crest recommends that investors buy shares of Citrix Systems ahead of its Syenrgy event, as the firm thinks that new products announced there will provide a positive catalyst for the shares. The firm sees multiple catalysts for the stock and keeps an Outperform rating on the shares.
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July 29, 2014
07:50 EDTCTXSCitrix EPS could be much higher than expected, says Bernstein
Bernstein believes that most on the Street are underestimating Ctrix's EPs outlook, and the firm thinks that Citrix's FY14 EPs could beat expectations by 33c. Bernstein thinks that EPS estimates for and analyst sentiment towards Citrix are likely to rise, possibly enabling the stock to rise. The firm keeps an Outperform rating.
July 23, 2014
16:21 EDTCTXSCitrix sees FY14 adjusted EPS $3.20-$3.25, consensus $3.10
Sees FY14 revenue up 8.5%-10%, consensus $3.19B. Sees FY14 GAAP gross margin 80%-81% and non-GAAP gross margin 84%-85%.
16:19 EDTCTXSCitrix sees Q3 adjusted EPS 70c-73c, consensus 76c
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16:18 EDTCTXSCitrix reports Q2 adjusted EPS 83c, consensus 61c
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15:30 EDTCTXSNotable companies reporting after market close
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July 18, 2014
16:11 EDTCTXSCitrix Chief Marketing Officer Steve A. Daheb to leave company
In connection with a reorganization, Steve A. Daheb, Senior Vice President and Chief Marketing Officer of Citrix Systems has decided to leave Citrix. As a result of the reorganization, Citrix has eliminated the role of Chief Marketing Officer. Daheb has agreed to remain as an employee of Citrix to provide transitional advisory services to the company through February 2, 2015. As a result of the reorganization, Daheb ceased to serve as an executive officer of Citrix effective July 14.

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