Florida-based Citrix Systems Inc. , which bought Triangle cloud company Sharefile, reported third quarter earnings of $1.32 a share, Wednesday, beating consensus estimates of $1.19 by 13 cents.
The company had revenue of $841.30 million in the quarter, up 3.4 percent year over year and topping estimates of $827.21 million. Its cloud-based services grew 28 percent to $35 million, the bulk coming from Raleigh-based ShareFile, according to Citrix CFO and COO David Henshall following release of the quarterly report.
“Our strong results this quarter show clearly how our renewed focus is resonating in the marketplace,” said Kirill Tatarinov, CEO for Citrix, said in a statement.
Citrix develops and sells products and services to enable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device.
Analysts forecast that Citrix will report $5.06 earnings per share for the current year. The company provided earnings per share guidance of $5.18-$5.20 for the period.
Citrix (Nasdaq:CTXS) opened at $86.30 on Thursday.
