Citrix Lowers Q3 Outlook - Quick Facts

(RTTNews) - Citrix Systems, Inc. (CTXS) Wednesday lowered its third-quarter earnings outlook to a range of $0.39 to $0.40 per share from its previous guidance range of $0.41 to $0.42 per share.

Adjusted earnings are expected to range between $0.68 and $0.69 per share, compared to guidance range of $0.72 to $0.73 per share, issued previously.

Revenues for the quarter are currently projected in a range of $710 million to $712 million, below the company's guidance of $730 million to $740 million.

Analysts, based on consensus, currently expect the company to report third-quarter earnings of $0.73 per share on revenues of $737.28 million.