Citrix Reports First Quarter 2013 Financial Results

Citrix reported first quarter revenue of $673 million as recorded on the New York Stock Exchange. Citrix made $589 million during the first quarter of the previous year of 2012 which is a 12 per cent decrease from the recorded 2013 revenue of $673 million. Citrix net income in 2013 was recorded as $60 million for the first quarter of 2013 which is $8 million less than the net income of 2012. Citrix realized a $9 million tax benefit in 2013. It is the mobilization of telecommunications and cloud computing that increased Citrix revenue of the 2013 first quarter earnings.

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Citrix Reports First Quarter 2013 Financial Results