|May 6, 2014|
|08:15 EDT||CTXS||Citrix sees FY14 adjusted EPS $3.07-3.12, consensus $2.97|
Citrix Systems announced revised profitability guidance for the second quarter of fiscal year 2014 and the full fiscal year 2014 following its previously announced offering of $1.4 billion principal amount of convertible senior notes due 2019, inclusive of the over-allotment option, and ongoing accelerated share repurchase.
News For CTXS From The Last 14 Days
|October 20, 2014|
|16:07 EDT||CTXS||Citrix acquires RightSignature, terms not disclosed|
Citrix announced that it has completed its acquisition of RightSignature. The RightSignature team will join the Citrix organization immediately. The terms of the acquisition were not disclosed.
|October 16, 2014|
|14:15 EDT||CTXS||01 Communique confirms favorable appeals ruling in patent suit with Citrix |
01 Communique announced that the U.S. Court of Appeals for the Federal Circuit has issued a Rule 36 Judgment affirming the U.S. Patent and Trademark Office, Patent Trial and Appeal Board's decision that the company's "479 Patent" that is at the center of its patent infringement lawsuit against Citrix Systems is valid. Andrew Cheung, President and CEO for 01 Communique, said, "This is a positive step forward in our lawsuit against Citrix. We remain confident in the merits of our case and have a tight schedule ahead of us as we prepare for the upcoming claim construction and tutorial scheduled for November 12 and 13 and completion of expert discovery shortly thereafter on January 16, 2015 following which we anticipate heading to trial."
|11:25 EDT||CTXS||01 Communique patent win in suit with Citrix upheld on appeal|
The U.S. Court of Appeals for the Federal Circuit affirmed the Patent and Trademark Office ruling that was appealed by Citrix, according to a decision posted to the court's website.
|October 7, 2014|
|10:02 EDT||CTXS||On The Fly: Analyst Downgrade Summary|
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|07:43 EDT||CTXS||Citrix downgraded to Neutral from Buy at Nomura|
Nomura downgraded Citrix to Neutral due to valuation and expects in-line results and guidance. Price target is $70.