Quick Read Citirx net income rises 15 percent in 4Q but stock falls as 2012 outlook view soft
(AP) — Citrix Systems Inc. said Wednesday that its fourth-quarter net income rose 15 percent on strong demand for its software that helps computers run more efficiently.
But the company’s forecast for 2012 was below analysts’ expectations. That helped to send its stock lower. Citirx shares fell 61 cents, or about 1 percent, in after-hours trading to $67.
Fort Lauderdale-based Citrix…
Newsday & ExploreLI are now available at no charge to Newsday 7-day and Optimum Online ® subscribers. To continue reading, please log in or register now.
newsday.com?
subscriber?
subscriber?
Source: