Home / Markets / Industries / Technology
Wednesday, October 22, 2008
Citrix Systems Posts Quarterly Slip In Profits
John Letzing
MarketWatch Pulse
SAN FRANCISCO -- Citrix Systems Inc. said Wednesday its fiscal third-quarter net income fell to $49.1 million, or 26 cents a share, from $60.7 million, or 33 cents a share in the same period a year earlier. The Fort Lauderdale, Florida-based business software maker said revenue for the period ended Sep. 30 rose to $157.5 million from $140.5 million. Excluding special items, Citrix said earnings for the period rose to 43 cents a share.
Copyright © 2008 MarketWatch, Inc.
FOX Translator
No data currently available.
No data currently available.
Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.






