Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.

Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.

Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?

You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.

If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.

Home / Markets / Industries / Technology

Wednesday, May 07, 2008

Citrix Ranks in Top 10 Best Places to Work in Silicon Valley

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Comtex

SANTA CLARA, Calif., May 07, 2008 (BUSINESS WIRE) ----Citrix Systems, Inc. (Nasdaq:CTXS), the global leader in application delivery infrastructure, today announced it was named one of the top 10 places to work in the annual ranking of "100 Best Places to Work in the Bay Area" by the San Francisco Business Times, Silicon Valley/San Jose Business Journal and East Bay Business Times. Citrix ranked ninth among companies with 101 to 500 employees in the Bay Area. The publications surveyed over 200,000 employees from more than 500 nominated companies, measuring their satisfaction on a wide array of topics including work culture, management and benefits. Winning companies were announced at an awards ceremony on Tuesday night, April 29, in San Francisco and a full list of winners was published by all three sponsoring publications on Friday, May 2.

Since earning a Top 20 spot in last year's awards, Citrix has continued to build momentum in the Bay Area, opening up a new Silicon Valley headquarters in Santa Clara and growing its Bay Area presence to nearly 500 employees. This location now serves as a strategic second headquarters for the company, with aggressive growth plans for 2008 as Citrix continues to build its virtualization and networking solutions into an end-to-end infrastructure for application delivery.

"Silicon Valley is a geography that holds some of the world's most impressive engineering talent. We've continued to attract the best the Bay Area has to offer by bringing the innovative spirit of a startup and melding it with the stability of an established billion-dollar market leader," said Wes Wasson, chief marketing officer for Citrix. "To be recognized as one of the top 10 companies to work for in a region of so many esteemed companies is a tremendous honor, especially since our ranking is based directly on our employees' feedback about being a part of the Citrix family."

About Citrix

Citrix Systems, Inc. (Nasdaq:CTXS) is the global leader and the most trusted name in application delivery infrastructure. More than 200,000 organizations worldwide rely on Citrix to deliver any application to users anywhere with the best performance, highest security and lowest cost. Citrix customers include 100 percent of the Fortune 100 companies and 99 percent of the Fortune Global 500, as well as hundreds of thousands of small businesses and prosumers. Citrix has approximately 7,680 channel and alliance partners in more than 100 countries. Annual revenue in 2007 was $1.4 billion.

For Citrix Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with revenue growth and recognition of revenue, products, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

Citrix(R) is a registered trademark of Citrix Systems, Inc. in the U.S. and other countries. All other trademarks and registered trademarks are property of their respective owners.

SOURCE: Citrix Systems, Inc.

Citrix Systems, Inc. Eric Armstrong,
   954-267-2977 eric.armstrong@citrix.com or A&R Edelman Michael Diamond, 650-762-2959 Michael.diamond@ar-edelman.com