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November 22, 2009 2:24 AM ET

Citrix Systems, Inc.

(CTXS:NASDAQ)

LAST $37.84 USD
CHANGE TODAY -0.27 -0.71%
VOLUME 2.5M
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Citrix Systems, Inc. (CTXS)

OPEN
$37.86
PREVIOUS CLOSE
$38.11
DAY HIGH
$38.12
DAY LOW
$37.31
52 WEEK HIGH
10/12/09 - $43.78
52 WEEK LOW
03/2/09 - $20.00
MARKET CAP
6.9B
AVERAGE VOLUME 3 mo
1.9M
DILUTED EPS TTM
$0.88
SHARES OUTSTANDING
183.0M
CTXS Does Not Pay Dividends
P/E TTM
42.8x
K = Thousands  M = Millions  B = Billions

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CTXS Details

Citrix Systems, Inc. designs, develops, and markets application delivery infrastructure solutions worldwide. Its products include XenApp that runs the business logic of applications on a central server, transmitting screen pixels, keystrokes, and mouse movements; XenServer, an enterprise-class platform for managing server virtualization in the datacenter as a pool of computing and storage resources; and Essentials for XenServer and Hyper-V, which provides virtualization management systems, lab automation, high availability, provisioning, workflow orchestration, and seamless integration. The company’s products also comprise XenDesktop, an integrated desktop delivery system; NetScaler, a Web application delivery and traffic management product; Access Gateway, a line of universal SSL/VPN appliances; and Repeater that provides high-performance application delivery to branch office users. In addition, Citrix Systems’ products consist of EdgeSight, Password Manager, Provisioning Server, Application Firewall, Easy Call, and Access Essentials. Citrix Systems also offers online services, including GoToMyPC, which provides remote access to Windows PC desktops; GoToMeeting, an online solution for online meetings, training sessions, and collaborative gatherings; GoToAssist that enables organizations to provide support over the Internet; and GoToWebinar, a solution to conduct online events. In addition, it provides a portfolio of services, such as consulting, technical support, and product training and certification services. The company markets and licenses its products through value-added resellers, channel distributors, system integrators, independent software vendors, and original equipment manufacturers, as well as through Websites. Citrix Systems was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

CTXS Top Compensated Officers

Chief Executive Officer, President and Direct...
Age: 56
Total Annual Compensation: $775.0K
Chief Financial Officer, Principal Accounting...
Age: 40
Total Annual Compensation: $425.0K
Senior Vice President of Sales & Services
Age: 41
Total Annual Compensation: $349.9K
Senior Vice President of Datacenter & Cloud D...
Age: 47
Total Annual Compensation: $300.0K
Senior Vice President of Human Resources and ...
Age: 48
Total Annual Compensation: $390.0K
Compensation as of Fiscal Year 2008.

Key developments for Citrix Systems, Inc. (CTXS)

Citrix Systems Inc. Announces General Availability of Citrix(R) Dazzle(TM) for Windows and Mac

Citrix Systems Inc. announced the general availability of Citrix(R) Dazzle(TM) for Windows and Mac, along with new versions of Citrix(R) Receiver(TM) for Windows, Mac, iPhone, BlackBerry and Android. The new releases make virtual desktops far more compelling for end users, enabling unprecedented levels of flexibility, mobility and self service. As the first self-service 'storefront' for enterprise applications, Citrix Dazzle gives corporate employees 24x7 self-service access to a broad array of applications, desktops and content, allowing them to choose exactly what they need, when they need it. Citrix Receiver is a lightweight software client that makes accessing virtual desktops and applications on any device as easy as turning on your TV. Together, Dazzle and Receiver work with Citrix(R) XenDesktop(TM), the company's market-leading desktop virtualization solution, to power self-service IT for a wide range of virtual desktops, giving every user in the enterprise instant access to their corporate desktops and applications from whatever device is most convenient at the time. While the promise of centralized security, simpler management and lower costs have been the primary drivers of desktop virtualization, delivering a great experience for end users is equally important. This is especially true as younger employees enter the workforce, bringing with them increasingly high expectations for self service, flexibility and personalization. By investing heavily in both enterprise scalability and user experience, Citrix continues to win accolades from desktop virtualization customers, analysts, end users and independent reviewers alike. While early VDI-only (virtual desktop infrastructure) products allowed only one model of desktop virtualization, XenDestkop 4 with its new FlexCast(TM) delivery technology gives customers the flexibility to deliver any type of virtual desktop, to any user, on any device--and to change this mix at any time. This unprecedented flexibility makes virtual desktops a practical reality for every type of employee--from task workers and office workers, to power users and mobile employees. To reach broad, enterprise-wide deployment, virtual desktops must also provide a great experience for end users. Citrix addresses the first part of this equation with its market-leading HDX(TM) technology, which ensures a high definition experience for all end users, regardless of their location or device. The addition of self service capabilities with Citrix Dazzle and Receiver significantly enhances virtual desktop user experience by enabling employees and contractors to get instant, secure, self-service access to their full Windows desktop and everything on it from whatever device is most convenient. Dazzle is a user-facing application that runs on any Windows or Mac computer. It acts as the storefront for all the applications IT has centrally staged in head-end infrastructure products like XenDesktop. To select an application in Dazzle, users simply browse and search based on application name, description or type. Dazzle also interfaces directly with Citrix Merchandising Server, the head-end management system that makes it easy for IT to actually start 'merchandising' apps to users, not just delivering them. Dazzle is fully integrated with Citrix Receiver, the universal software client that makes it easy for users to access corporate apps and desktops from any device they choose. With the new Receivers for Blackberry and Android, Citrix has extended anytime access to applications to even more mobile devices. Together, Citrix Dazzle and Citrix Receiver with XenDesktop bring the power of desktop virtualization to millions of devices. Citrix Dazzle, Citrix Receiver and Citrix Merchandising Server are free of charge to any Citrix XenDesktop or Citrix(R) XenApp(TM) customer. The following versions of Dazzle and Receiver will be generally available to all Citrix customers in December:-Dazzle 1.1 for Microsoft Windows; Dazzle 1.2 for Apple Mac;-Receiver 1.2 for Windows and Mac;-Receiver 2.0 for Apple iPhone (available at the Apple App Store);-Receiver 1.0 for RIM Blackberry (available at the Blackberry App World store);-Receiver tech preview for Android by Google.

Citrix Systems, Inc. - Conference Presentation Call

Citrix Systems, Inc. - Conference Presentation Calls

Citrix Systems Inc. to Offer Citrix Software Products to IIJ's Customers

Internet Initiative Japan Inc. and IIJ Technology Inc. announced that they will be partnering with Citrix Systems Inc. (Citrix) in order to provide cloud services. IIJ-Tech has concluded a partnership contract through the new Citrix Service Provider (CSP) Program, which was created to offer Citrix software products to IIJ's customers, such as service providers, and a Designated Distributor contract. IIJ will offer the IIJ GIO Virtual Desktop Service starting in February 2010, delivering Citrix's virtual solutions on IIJ's cloud service platform, IIJ GIO. This partnership has the following objectives. To provide corporate users with the IIJ GIO Virtual Desktop Service as DaaS IIJ GIO is a cloud service that runs on the cloud platform built at IIJ data centers that are connected directly to IIJ's broadband backbone network. IIJ GIO enables customers to select freely from a menu of services, such as dedicated or virtual servers, to fit their usage level and to construct the most efficient cloud environment. Combining this with a selection of Citrix virtual solutions, such as Citrix(R) XenApp(TM) and XenDesktop(TM), it will deliver the IIJ GIO Virtual Desktop Service as DaaS (Desktop as a Service), which enables customers to provide virtual desktop environment and virtual applications and to easily outsource all aspects of their desktop virtual environment, from construction to operation. To provide PaaS on IIJ GIO using Xen software licenses as the CSP Program Partner Under the CSP Program, IIJ-Tech will use the Xen software licenses to provide services using a monthly billing system. Using this program, the IIJ Group will offer systems integrators and value added resellers (VAR) the IIJ GIO platform and Xen software licenses as PaaS. To provide service providers with Xen software licenses as a Designated Distributor under the CSP Program Designated distributors under the CSP program can offer Xen software licenses to service providers using a monthly billing system. As a CSP Program Designated Distributor, IIJ-Tech will offer Xen software licenses to service providers.

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CTXS Competitors

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Industry Analysis

Valuation CTXS Industry Range
Price/Earnings 42.7x
Price/Sales 4.4x
Price/Book 3.3x
Price/Cash Flow 29.9x
TEV/Sales 4.0x

CTXS

 | 

CTXS transactions

Type
Date
Target
Private Placement
June 8, 2009
Vyatta, Inc.
View More CTXS Transactions...

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