2 December 2002 - Citrix Systems, Inc. (Nasdaq: CTXS) today announced an update to its business outlook. Although the company believes that continuing uncertainty in IT spending levels persists, Citrix management offers the following guidance for the fourth quarter ending 31 December
2002:
- Revenue is expected to be in the range of $120 million to $130
million.
- Adjusted earnings per share is expected to be in the range of $0.12
to $0.17, excluding the effect of mortisation of intangible assets primarily related to business acquisitions.
The above statements are based on current expectations. These statements are forward-looking, and actual results may differ materially. These statements do not include the potential impact of amortisation of expenses and other exclusions.
About Citrix
Citrix Systems, Inc. is a global leader in virtual workplace software and services that provide access to applications, information, processes and people on any device, over any network, anywhere, anytime. Citrix makes today's digital office completely virtual - instead of having to go to your office, the office follows you. Working with the world's top industry, integration and consulting partners, Citrix delivers enterprise-ready solutions to business challenges including application deployment, remote office connectivity, workforce mobility and business continuity. More than 120,000 companies worldwide use Citrix Solutions for the Virtual Workplace to give users more mobility, give IT organisations more flexibility and reduce the cost of computing.
Citrix offers two families of products that enable virtual access to
information: Application Server software, including MetaFrame XP(tm), MetaFrame® for Windows® and MetaFrame for UNIX®; and Access Portal software, including NFuse® Elite and NFuse Classic. The company markets its products through a well-established indirect channel comprising approximately 6,000 resellers, integrators and consultants. In fiscal 2001, the company had net revenues of $591.6 million. Citrix is traded on the Nasdaq Stock MarketSM under the symbol CTXS, and is part of the Standard and Poor's 500 Index. Citrix is headquartered in Fort Lauderdale, Florida. For more information, please visit the Citrix Web site at http://www.citrix.com.