Citrix Systems Inc. CTXS, +1.17% shares rose 4% in after-hours trading Wednesday after the software company reported better-than-expected fourth-quarter earnings. Citrix reported net income of $207 million, or $1.56 share, compared with net income of $166 million, or $1.15 a share, in the year-ago period. Revenue grew 1% to $810 million from $802 million a year ago. Analysts surveyed by FactSet had expected $1.07 a share on revenue of $803 million. Citrix shares are up about 10% over the last 12 months. The S&P 500 index SPX, +0.03% has gained about 26% the last year.
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January 23, 2020 at 04:24AM
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Citrix shares rise on big earnings beat - MarketWatch
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