Citrix Reports Second Quarter 2012 Financial Results

Yesterday in a Press Release Citrix announced their Second Quarter 2012 Financial Results. In the second quarter of fiscal 2012, Citrix achieved revenue of $615 million, compared to $531 million in the second quarter of fiscal 2011, representing 16 percent revenue growth

In Q2, we saw solid growth in an uncertain economic climate,” said Mark Templeton, president and chief executive officer for Citrix. “So, I’m pleased with our execution, and our strong market positions. “As the rapid transformation from PC Era to Cloud Era continues, we’re delivering solutions that make it easy for customers to build new clouds, connect to cloud services, and empower their users to work from anywhere.”

Some of the key financial announcements from the press release include:

• Product and licenses revenue increased 10 percent;
• Software as a service revenue increased 18 percent;
• Revenue from license updates and maintenance increased 18 percent;
• Professional services revenue, which is comprised of consulting, product training and certification, increased 37 percent;
• Revenue increased in the Pacific region by 24 percent, increased in the EMEA region by 21 percent, and increased in the Americas region by 11 percent;

Check out the Citrix press release for full details.

Citrix Press Release – Citrix Reports Second Quarter 2012 Financial Results

Pete