Citrix revenue hits $472 million
Virtualisation shows its dominance, helping the company grow 18 per cent.


Citrix has reported revenues of $472 million (300 million) for the third quarter of 2010.
The impressive figure translates to an 18 per cent rise year on year, with a nine per cent rise attributed to the Europe, Middle East and Africa (EMEA) region alone.
Mark Templeton, Citrix's president and chief executive, said he was proud of the company's performance in the quarter.
"It is clear we are at the intersection of three powerful market forces - the transformation of IT to an on-demand service, the consumerisation of IT in the enterprise and the promise of cloud services," he said.
"These trends are driving a need for virtual computing, making Citrix and our platform more relevant and strategic."
The good results for the quarter have helped Citrix release a positive forecast for the future, with the company expecting revenues in Q4 to be in the region of $500 million to $510 million.
Get the ITPro daily newsletter
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.
Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.
-
The Race Is On for Higher Ed to Adapt: Equity in Hyflex Learning
By ITPro
-
Google faces 'first of its kind' class action for search ads overcharging in UK
News Google faces a "first of its kind" £5 billion lawsuit in the UK over accusations it has a monopoly in digital advertising that allows it to overcharge customers.
By Nicole Kobie
-
Citrix confirms two new NetScaler vulnerabilities as firms urged to patch immediately
News Citrix has issued patches for two new vulnerabilities in its NetScaler ADC and Gateway appliances
By Solomon Klappholz
-
Citrix mulling potential sale after tumultuous 2021
News Share prices have tumbled due to consecutive quarters of "mixed" financial results
By Keumars Afifi-Sabet
-
Citrix ShareFile review: Slick collaboration, stonking price
Reviews An affordable cloud service that’s easy to manage and perfect for businesses that need to share huge files
By Dave Mitchell
-
Server virtualization: What is it and what are the benefits?
In-depth Server virtualization offers a quick and effective way of creating a more efficient IT infrastructure, but how does it work?
By Adam Shepherd
-
Everything you need to know about Citrix
In-depth A comprehensive guide to Citrix, tracing its history from on-premises virtualization to cloud services, highlighting key acquisitions and business mission
By Keumars Afifi-Sabet
-
Citrix ShareFile: grown-up file sharing
In-depth Steve Cassidy takes a look at what ShareFile has to offer.
By Steve Cassidy
-
Citrix Synergy 2013: Citrix eyes mobile enterprise with latest XenDesktop version
News First fruits of Project Avalon are borne as Citrix offers businesses a way to maximise legacy Windows app investments in the mobile world.
By Maggie Holland
-
Citrix Synergy 2012: Citrix takes a legendary turn with project Avalon
News Virtualisation giant stretches 'as a service' possibilities with mythical new offering.
By Jane McCallion