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Citrix Systems, Inc. Stock Price

NasdaqGS:CTXS Community·US$13.2b Market Cap
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CTXS Share Price Performance

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Price US$0

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Snowflake Analysis

Fair value with imperfect balance sheet.

4 Risks
1 Reward

Citrix Systems, Inc. Key Details

US$3.3b

Revenue

US$523.0m

Cost of Revenue

US$2.8b

Gross Profit

US$2.5b

Other Expenses

US$330.4m

Earnings

Last Reported Earnings
Jun 30, 2022
Next Reporting Earnings
n/a
2.60
84.22%
9.97%
403.8%
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About CTXS

Founded
1989
Employees
9000
CEO
Robert Calderoni
WebsiteView website
www.citrix.com

Citrix Systems, Inc., an enterprise software company, provides workspace, app delivery and security, and professional services worldwide. The company offers workspace services, including Citrix Workspace; Citrix Virtual Apps and Desktops; Collaborative Work Management; Citrix Content Collaboration, a cloud-based file sharing, digital transaction, and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices; Citrix Analytics for Security that assesses the behavior of Citrix Virtual Apps and Desktops, and Citrix Workspace users and applies actions to protect sensitive corporate information; Citrix Analytics for Performance, which uses machine learning to quantify user experience; Citrix Secure Workspace Access that provides an end-to-end solution to implement Zero Trust principles; and Citrix Secure Internet Access, which provides a solution that protects direct internet access for branch and remote workers using unsanctioned apps. It also provides Citrix ADC that offers application delivery controller, on-premise, in-cloud, and SaaS deployment option solutions. In addition, the company provides customer services, hardware maintenance, consulting, and product training and certification services. The company serves healthcare, financial services, technology, manufacturing, consumer, and government agencies. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. and changed its name to Citrix Systems, Inc. in March 2009. Citrix Systems, Inc. was incorporated in 1989 and is headquartered in Fort Lauderdale, Florida.

Recent CTXS News & Updates

Seeking Alpha Sep 22

Citrix Systems planned sale to Elliott, Vista set to close next Friday

Citrix Systems (NASDAQ:CTXS) sale to Elliott Investment Management and Vista Equity is scheduled to close on Sept. 30. The closing date was disclosed in an 8-K filing on Thursday. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management. Earlier this month Citrix said  all regulatory approvals for its takeover have been received and that it expects the deal to close during the last week of the month. On Wednesday Bloomberg reported Elliott is said to have purchased about $1 billion of the junk-bond deal supporting its planned buyout of software company Citrix (CTXS).
Seeking Alpha Sep 07

Citrix ticks higher on report banks said to start Citrix loan sale for its takeover

A group of banks are said to have started a $4.5 billion loan sale for the takeover of Citrix Systems (NASDAQ:CTXS). Citrix ticked up 0.3% in premarket trading. The deal is said to include a $4.05 billion loan and $500 million-equivalent euro loan, according to traders, who cited a Bloomberg report. Bloomberg in July reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets. M&A investors have been concerned in recent months on leveraged buyouts due to stock market volatility, especially after tech PE firm Thoma Bravo reduced its takeout price for Anaplan earlier this eyar. Citrix (CTXS) agreed in January to a $16.5 billion sale to Vista Equity and Elliott Management.
Seeking Alpha Aug 10

Citrix Systems ticks higher on report about debt financing for take private

Citrix Systems (NASDAQ:CTXS) ticked up 0.5% after a report that Bank of America expects to starts talks Monday on efforts to sell parts of $15 billion in debt financing for a takeover of Citrix. The preliminary talks are likely to focus on the secured part of the financing ahead of official sales, which may start after Labor Day holiday early next month, according to a Bloomberg report. Banks are expected to keep some of the secured debt and about $4B of unsecured, according to the report. Bloomberg last month reported that the $15 billion debt sale associated with Citrix's sale to Vista Equity and Elliott Management, had been delayed until after the U.S. Labor Day holiday due to volatile markets.

Recent updates

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