Citrix's Americas revenues up 21% in Q3

- Thursday, November 3, 2011

Citrix's Americas revenues up 21% in Q3

US enterprise access solutions provider Citrix Systems' (Nasdaq: CTXS) Americas revenues expanded 21% year-on-year in the third quarter of 2011, the company said in a statement, without providing hard figures.

Globally, Citrix posted revenues of US$565mn in the quarter, climbing 20% compared to US$472mn in 3Q10.

"We have strong positions across SaaS and collaboration, virtualization and desktop, networking and cloud platform markets. The investments we've made over the past year in people, infrastructure, innovation and go-to-market is powering growth through geographical reach and business model diversity," company president and CEO Mark Templeton said.

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Net profits for the quarter reached US$92mn, up from US$88mn in the same period last year.

For the last quarter of the year, Citrix expects global revenues to be in the range of US$610mn-620mn. Total revenues for full 2011 are expected to be US$2.20bn-2.21bn.

Use this link to see Citrix's full financial statement.