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CTXS Citrix Systems

Citrix builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.

Company profile

Ticker
CTXS
Exchange
Website
CEO
David Henshall
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
752275152

CTXS stock data

(
)

Calendar

30 Jul 21
2 Aug 21
31 Dec 21
Quarter (USD)
Jun 21 Mar 21 Dec 20 Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 501.11M 501.11M 501.11M 501.11M 501.11M 501.11M
Cash burn (monthly) (positive/no burn) 4.5M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) n/a 5.02M n/a n/a n/a n/a
Cash remaining n/a 496.09M n/a n/a n/a n/a
Runway (months of cash) n/a 110.3 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jul 21 Mark J Ferrer Common Stock Sell Dispose S No Yes 117.15 2,445 286.43K 47,578.192
1 Jul 21 David J Henshall Common Stock Sell Dispose S No Yes 117.15 3,859 452.08K 355,921.087
1 Jul 21 David J Henshall Common Stock Sell Dispose S No Yes 117.15 2,000 234.3K 359,780.087
1 Jul 21 Shenkman Arlen Common Stock Sell Dispose S No Yes 117.15 262 30.69K 69,772.329
1 Jul 21 Shenkman Arlen Common Stock Sell Dispose S No Yes 117.15 673 78.84K 70,034.329
1 Jul 21 Robert Calderoni Common Stock Grant Aquire A No No 0 2,129 0 21,449.708
1 Jul 21 Nanci Caldwell Common Stock Grant Aquire A No No 0 2,129 0 36,580.041

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

90.2% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 660 685 -3.6%
Opened positions 67 109 -38.5%
Closed positions 92 90 +2.2%
Increased positions 228 223 +2.2%
Reduced positions 256 269 -4.8%
13F shares
Current Prev Q Change
Total value 15.72B 14.83B +6.0%
Total shares 112.01M 113.98M -1.7%
Total puts 684.4K 1.56M -56.1%
Total calls 569.8K 1.12M -49.2%
Total put/call ratio 1.2 1.4 -13.8%
Largest owners
Shares Value Change
Vanguard 13.71M $1.92B -1.2%
BLK Blackrock 13M $1.82B +1.2%
TROW T. Rowe Price 10.6M $1.49B +4.0%
STT State Street 5.44M $764.18M -4.7%
Clearbridge Advisors 4.48M $628.83M +9.3%
Alliancebernstein 2.78M $390.08M +11.7%
Cantillon Capital Management 2.62M $367.63M NEW
First Trust Advisors 2.47M $347.1M -15.3%
Nordea Investment Management Ab 2.47M $345.36M +4.4%
Geode Capital Management 2.35M $329.25M +1.5%
Largest transactions
Shares Bought/sold Change
Cantillon Capital Management 2.62M +2.62M NEW
Norges Bank 0 -1.11M EXIT
Acadian Asset Management 824.97K -888.42K -51.9%
IVZ Invesco 1.75M +801.27K +84.7%
Epoch Investment Partners 487.41K +487.41K NEW
AMP Ameriprise Financial 2.07M +454.83K +28.2%
First Trust Advisors 2.47M -448.16K -15.3%
Jacobs Levy Equity Management 0 -446.99K EXIT
Aperio 0 -427.59K EXIT
TROW T. Rowe Price 10.6M +406.09K +4.0%

Financial report summary

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Competition
hopToF5 NetworksA10 Networks
Risks
  • Our recent acquisition of Wrike involves a number of risks that could adversely affect our business, financial condition and operating results, and we may not realize the financial and strategic goals we anticipate.
  • Our App Delivery and Security business has encountered challenges meeting demand for certain products, and may continue to encounter challenges meeting demand for certain products, if there are any interruptions or delays in the supply of hardware or hardware components from our third-party sources.
  • If our customers choose on-premises subscription licenses with short-term durations, our operating results may be adversely affected.
  • The reorganization of our sales leadership, customer-facing organization and sales processes to better align with our business strategy may be disruptive to our operations, will require increasing the number of direct quota carrying sales personnel, and may not yield the short or long-term benefits that we expect.
Management Discussion
  • •App Delivery and Security products, which primarily include Citrix ADC and Citrix SD-WAN. Our App Delivery and Security products can be consumed via perpetual license or under pooled licensing agreements that give customers flexibility to consume in either a hardware form factor or as a software, over the contract term.
  • Subscription revenue relates to fees for SaaS, which are generally recognized ratably over the contractual term and non-SaaS, which are generally recognized at a point in time, other than the related support which is recognized over the contractual term. SaaS primarily consists of subscriptions delivered via a cloud-hosted service whereby the customer does not take possession of the software, hybrid subscription offerings and the related support. Non-SaaS consists primarily of on-premise licensing, hybrid subscription offerings, CSP services and the related support. Our hybrid subscription offerings are allocated between SaaS and non-SaaS. In addition, our CSP program provides subscription-based services in which the CSP partners host software services to their end users. The fees from the CSP program are recognized based on usage and as the CSP services are provided to their end users.
  • Product and license revenue primarily represents fees related to the perpetual licensing of our solutions, primarily related to our App Delivery and Security Products, which are recognized at a point in time. In October 2020, we discontinued broad availability of perpetual licenses for Citrix Workspace.
Content analysis
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